Reuters: Baykar to complete plant in Ukraine in two years

Turkish defence company Baykar is planning to complete the construction of its manufacturing plant in Ukraine in two years, its chief executive said on Thursday, Report informs, citing Reuters.

"Right now we have architectural design. The detailed design phase is finished. And we will move ahead with construction actually... within two years we would like to finish it," Haluk Bayraktar said.

"Our plan is moving ahead," the chief executive said on the sidelines of the SAHA defense expo in Istanbul.

The company will invest the revenues for expansion of production lines, Bayraktar said. "Our production capacity with TB2, we do 20 units per month. For 2023 our target is to do minimum 30 (units) a month," he said.