Turkey, Airbus to sign deal for new communications satellites

Turkey, Airbus to sign deal for new communications satellites

ANKARA - Anadolu Agency

Turkey will sign an agreement with Airbus on Nov. 9 for the production of Turksat 5A and Turksat 5B communications satellites, Transport, Maritime and Communications Minister Ahmet Arslan said on Oct. 26.

The contract will be signed by Airbus Defense and Space (Airbus D&S) during the Global SatShow in Istanbul and the production of satellites will start immediately afterwards, Arslan told Anadolu Agency.

Arslan said that three top international firms had bid for the job: the French-U.K. partnership Airbus D&S, Japan’s Mitsubishi Electric Corporation and the Canadian-U.S. partnership MDA/Space System Loral.

“All of them were technically qualified. However, Airbus made the best bid during the negotiations both financially and in terms of domestic contribution,” Arslan said.

Turkey aims to launch the Turksat 5A by 2020 and the Turksat 5B by 2021, he added.

LATEST NEWS

  1. Syria's territorial integrity 'non-negotiable,' Fidan says

  2. Crimean Tatar official named as Ukraine’s ambassador to Ankara

  3. CHP's Özel urges 'fair burden sharing' in migration crisis

  4. Trade Ministry eases border procedures for returning Syrians

  5. Parliament approves 2025 budget after weeks of talks
Recommended

Türkiye to receive larger foreign capital: Chamber head

Local textile industry facing challenges in export markets

Turkish Airlines hopes to bring more tourists from Chile

Credit card payments increase 78 percent in November

Central Bank expected to cut key interest rate this week

Trump threatens to take back control of Panama Canal

Sri Lanka’s Dissanayake to pay visit to key lender China
WORLD

Syria's territorial integrity 'non-negotiable,' Fidan says

Türkiye’s Foreign Minister, Hakan Fidan, emphasized on Dec. 22 that Syria’s territorial integrity is “non-negotiable” and reiterated there is no place for the PKK/YPG terror group in the country.
ECONOMY

Türkiye to receive larger foreign capital: Chamber head

Türkiye is expected to receive larger foreign capital and resource inflows next year as its economy becomes increasingly more stable and incentives investors, according to Erdal Bahçıvan, chairman of the board of directors of the Istanbul Chamber of Industry (İSO).

SPORTS

Fenerbahçe in tatters after Athletic loss

Fenerbahçe headed into turbulent times after a home loss in the Europa League against Athletic Bilbao on Dec. 11 night added to the club’s wounds and sparked fan protests.