Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Turkey, Spain ink 2.6 billion euro deal for 30 training jets
    Headlines

    Turkey, Spain ink 2.6 billion euro deal for 30 training jets

    Turkey, Spain ink 2.6 billion euro deal for 30 training jets

    Published by Global Banking and Finance Review

    Posted on December 30, 2025

    Featured image for article about Headlines

    ANKARA, Dec 30 (Reuters) - Turkey and Spain have signed a 2.6 billion euro ($3.06 billion) deal for the Spanish air force to procure 30 light training jets from Turkish Aerospace Industries from 2028, Turkey's defence industry authority said on Tuesday.

    The Turkish company and Airbus  inked a cooperation accord in July as part of the negotiations for the procurement. The final deal marks the first foreign sale of its HURJET training jet.

    Turkish Aerospace Industries will export HURJET aircraft from 2028 until 2036, the authority said in a statement, adding the accord would also pave the way for deeper defence industry cooperation between NATO allies Turkey and Spain.

    "This agreement is a high-value-added and multi-dimensional defence industry export package,"  Haluk Gorgun, the authority's chairman, said.

    He said the deal included HURJET exports, an integrated training architecture, maintenance infrastructure, and long-term operational support.

    In recent years Turkey has ramped up its defence industry and cut dependence on foreign providers. It is working on the production of its first indigenous fighter jet, KAAN, and an air defence system dubbed the "Steel Dome".

    Ankara has become a leading producer and exporter of drones in recent years.

    ($1 = 0.8494 euros)

    (Reporting by Tuvan Gumrukcu; Editing by Sharon Singleton)

    Related Posts
    Italian cable car accident injures four people, 100 evacuated from mountain
    Italian cable car accident injures four people, 100 evacuated from mountain
    Saudi Arabia says national security a red line as UAE forces told to leave Yemen
    Saudi Arabia says national security a red line as UAE forces told to leave Yemen
    Tax breaks help Russian oil exporters stay afloat as discounts deepen
    Tax breaks help Russian oil exporters stay afloat as discounts deepen
    Italian parliament gives final approval to government's 2026 budget
    Italian parliament gives final approval to government's 2026 budget
    Russia attacks Ukraine's Black Sea ports, damages civilian ship, Kyiv says
    Russia attacks Ukraine's Black Sea ports, damages civilian ship, Kyiv says
    Polish prime minister says peace could be achieved in Ukraine within weeks
    Polish prime minister says peace could be achieved in Ukraine within weeks
    Eurostar suspends Channel Tunnel services after power supply issue
    Eurostar suspends Channel Tunnel services after power supply issue
    Factbox-What do we know about Russian accusations that Ukraine attacked Putin residence?
    Factbox-What do we know about Russian accusations that Ukraine attacked Putin residence?
    Russia's pipeline gas exports to Europe fall by 44% to the lowest in decades
    Russia's pipeline gas exports to Europe fall by 44% to the lowest in decades
    Russia says its negotiating stance on Ukraine will toughen after accusing Kyiv of attack
    Russia says its negotiating stance on Ukraine will toughen after accusing Kyiv of attack
    Swedish central bank to leave key rate at 1.75% in 2026, minutes show
    Swedish central bank to leave key rate at 1.75% in 2026, minutes show
    Russians curb New Year spending despite falling inflation
    Russians curb New Year spending despite falling inflation

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostPolish prime minister says peace could be achieved in Ukraine within weeks
    Next Headlines PostEurostar suspends Channel Tunnel services after power supply issue

    More from Headlines

    Explore more articles in the Headlines category

    Russia urges restraint after Trump warns Iran of possible strike

    Russia urges restraint after Trump warns Iran of possible strike

    George Clooney, his wife Amal and their children obtain French citizenship

    George Clooney, his wife Amal and their children obtain French citizenship

    Moody's cuts Budapest's rating to junk due to row with national government

    Moody's cuts Budapest's rating to junk due to row with national government

    German prosecutors to end probe of billionaire Usmanov upon payment of 10 million euros

    German prosecutors to end probe of billionaire Usmanov upon payment of 10 million euros

    Russia shows off deployment of nuclear-capable Oreshnik missiles in Belarus

    Russia shows off deployment of nuclear-capable Oreshnik missiles in Belarus

    Belarusian Lukashenko pardons 22 prisoners, Belta reports

    Belarusian Lukashenko pardons 22 prisoners, Belta reports

    Khaleda Zia, Bangladesh's first female prime minister, dies at 80

    Khaleda Zia, Bangladesh's first female prime minister, dies at 80

    Oil prices steady as Russia-Ukraine peace hopes fade, Yemen tensions rise

    Oil prices steady as Russia-Ukraine peace hopes fade, Yemen tensions rise

    China encircles Taiwan in massive military display

    China encircles Taiwan in massive military display

    Ukrainians withstand days-long power cuts in crowded 'resilience' shelters

    Ukrainians withstand days-long power cuts in crowded 'resilience' shelters

    Idris Elba, Torvill and Dean star in Britain's New Year honours

    Idris Elba, Torvill and Dean star in Britain's New Year honours

    Lavrov: the West must recognise that Russia holds strategic initiative in Ukraine

    Lavrov: the West must recognise that Russia holds strategic initiative in Ukraine

    View All Headlines Posts