News Column

Turkish government asks firms in missile tender to extend their bids until end-2014.

August 31, 2014

Turkey's undersecretariat of defence industries has asked firms in a tender for missile defence system to extend the validity of their bids until the end of 2014.

The air defence system is a very complex system that requires detailed works and examinations such as the local infrastructure, joint production and technology transfer, the defence agency said, adding that the contract talks are continuing and the firms which do not wish to be excluded from the process have been asked to extend their bids.

Turkey has already extended the deadline several times before, first from May to June 30 and then to Aug 30.

The Turkish government announced in September last year that it decided to choose Chinese CPMIEC's missile defence system over rival systems of US Raytheon and Lockheed Martin (Patriot), Russia's Rosoboronexport (S-300), and the Italian-French consortium Eurosamrs (Stamp -T). CPMIEC, is under U.S. sanctions for violations of the Iran, North Korea and Syria Non-proliferation Act. The government had initially estimated the cost of the missile system at USD 4bn, but the Chinese firm's offer was USD 3.44bn. PM Recep Tayyip Erdogan said that the main criteria for the Turkish government were the price and co-production option that the Chinese firm offered. 

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Source: IntelliNews - Weekly Reports

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