• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 19th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Indonesian Air Force helicopters carrying a big flag fly above high rise buildings during the country's 76th Independence Day celebrations in Jakarta, Indonesia, August 17, 2021. Willy Kurniawan
Indonesian Air Force helicopters carrying a big flag fly above high rise buildings during the country's 76th Independence Day celebrations in Jakarta, Indonesia, August 17, 2021. Willy Kurniawan
Home
Business
Aerospace & Defense

Indonesia buys drones worth $300 mln from Turkish Aerospace

August 1st, 2023 | 03:46 AM BUSINESS Aerospace & Defense 1

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Suspected sabotage attack fails to disrupt Milrem deliveries to Ukraine
Defense contractor Lyntris, shareholders raise about $298 million in downsized US IPO
U.S. Army picks Hanwha defence unit for mobile artillery prototypes
Ukraine's ousted defence minister calls for wartime elections
By Reuters

Indonesia has bought 12 new drones from Turkish Aerospace worth $300 million, its defence ministry said on Tuesday, the latest in a series of purchases aimed at modernising the country's ageing military equipment.

The deal comes after Indonesian President Joko Widodo in July warned his cabinet to maintain a "healthy" budget as he highlighted outsized spending by the country's security agencies, including the defence ministry.

In January, Defence Minister Prabowo Subianto sealed an $800-million deal to buy 12 Mirage 2000-5 fighter jets, which drew criticism as they were considered too old. Indonesia in February also bought 42 Rafale fighter jets for $8.1 billion, which will be disbursed in phases over several years.

At 134.3 trillion rupiah ($8.89 billion), the defence ministry has the biggest allocation from the country's total budget this year, according to government data.

The deal with Anakara-based Turkish Aerospace was finalised in February and the drones are expected to be delivered within 32 months of the signing. It also includes training and flight simulators, the defence ministry said in a statement.

($1 = 15,110.0000 rupiah)

  • Topic
  • Indonesia
  • DEFENCE/
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Suspected sabotage attack fails to disrupt Milrem deliveries to Ukraine

Related Posts

Aerospace & Defense
August 19th, 2026

Suspected sabotage attack fails to disrupt Milrem deliveries to Ukraine

Aerospace & Defense
August 19th, 2026

Defense contractor Lyntris, shareholders raise about $298 million in dow...

Aerospace & Defense
August 18th, 2026

U.S. Army picks Hanwha defence unit for mobile artillery prototypes

Aerospace & Defense
August 18th, 2026

Ukraine's ousted defence minister calls for wartime elections

Aerospace & Defense
August 18th, 2026

Estonia PM says arson attack on defence contractor may be linked to Russ...

Aerospace & Defense
August 18th, 2026

American Airlines to restore seatback screens, add premium seats in prof...

The Wire
Aug 19th 5 h ago
Government

DOJ argues Comey novel shows he knew ‘86 47’ post was a thr...

Aug 19th 5 h ago
Business

Fed policymakers' inflation concerns increased at July meet...

Aug 19th 6 h ago
Sports

Swiss rider Poncini dies in Manx GP qualifying

Aug 19th 6 h ago
Business

Amazon plans drone delivery expansion to about 500 US local...

Aug 19th 6 h ago
Litigation

Abbott settles appeal over $495 million infant formula verd...

TRENDING ON FINANCETIME
Aug 19th, 2026 Sports

Mets' Jorge Polanco (ankle) to have season-ending surgery

Aug 19th, 2026 Sports

Reports: Phillies sign free agent LHP Nestor Cortes

Aug 19th, 2026 Business

US CFTC seeks comment on compute derivatives as AI demand grows

Aug 19th, 2026 Technology

Payments firm Stripe to buy AI developer platform OpenRouter

Aug 19th, 2026 Government

ABC says intimidation by Trump's FCC forced programming changes

Markets-Sectors
ENERGY -0.16%
FINANCIALS -0.62%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT