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Turkish manufacturer Katmerciler signed $47.6M export deal for armored vehicles

Turkish manufacturer Katmerciler signed $47.6M export deal for armored vehicles

Turkish land vehicles manufacturer Katmerciler signed a 39.4 million-euro ($47.6 million, TL 342.2 million) export agreement with an undisclosed country for the sale of various types of armored vehicles tailored for different needs, the firm said in a statement Monday.

The deal marks the highest export value the company has ever achieved in a single agreement.

Among the vehicles that are to be exported as part of the deal is Hızır, the most powerful armored combat vehicle in its segment, and Ateş, a different type of Hızır that was specifically developed for border security. Ateş entered the Turkish Armed Forces’ (TSK) inventory last year.

Katmerciler’s armored personnel carrier Khan, meanwhile, will be exported for the first time and will enter the inventory of a “friendly country,” as described in the company’s statement. It is a NATO-standard vehicle that enables high protection against mines and improvised explosive devices (IEDs). The 4×4 vehicle, which can be operated in all kinds of climate conditions, has a monocoque armor steel body and high maneuverability.

Deliveries of the vehicles are set to start this year and will gradually be completed in 2022. The agreement will contribute significantly to the export revenues of Katmerciler in the next two years.