06 December 2023

Otokar aims to grow with technology transfer and local manufacturing opportunities in Latin America

Otokar(BIST: OTKAR), Turkey’s global land systems manufacturer participates in Expodefensa 2023, the headline Latin American defense and security exhibition, between December 05-07, in Bogota, Colombia. During the three-day exhibition, Otokar will showcase its own design and production of armored military vehicles family along with its turret systems. Visitors will also be informed about Otokar’s distinctive capabilities in land systems such as expertise in technology transfer and local manufacturing.
 
Highlighting that Otokar is a listed NATO and United Nations supplier, General Manager Serdar Görgüç, said, “Today, nearly 33 thousand Otokar military vehicles are actively in service in more than 40 countries and nearly 60 end users in different climates and geographies around the world. Penetrating Latin American market is one of our top priorities. Therefore, Expodefensa is exceptionally important for Otokar in order to meet our current and potential customers and develop further and deeper relationships. Expodefensa is also an important event for establishing industrial cooperation opportunities in order to create local added value operations in the entire region where Otokar has a well-established and proven track record.”
 
Stating that Otokar is among the global players in defense industry Görgüç continued: “Otokar continuously strengthens its position in the international defense industry. We stand out with our ability to respond quickly to ever-changing requirements and needs of end users thanks to our design, test, and manufacturing capabilities. In the last decade, we had allocated 7% of our revenue for our R&D and testing activities. We reflect the experiences we gain in different climates and geographies around the world on our vehicle development activities. We analyze different needs and expectations of our users, simulate these requirements in house and develop solutions that meet these requirements in the fastest manner thanks to our excellence in R&D, engineering and testing.”  
 
Otokar Wheeled Armored Vehicles
Otokar stands apart with its expertise in the design, development and system integration of all kinds of vehicles and platforms in the field of land vehicles for the defense industry. Otokar designs and manufactures a wide range of tactical armored vehicles including 4x4 COBRA, COBRA II, COBRA II- MRAP, AKREP II, URAL, ISV, ARMA 6x6, ARMA 8x8, and ARMA II 8x8. Otokar products are recognized for their survivability, superior mobility and modularity. Otokar’s combat proven wheeled vehicles serve in challenging terrain and extreme weather conditions, and demonstrated their performance in various operations.
 
Otokar Tracked Armored Vehicles
Otokar’s TULPAR tracked armored vehicle family is designed as a multi-purpose vehicle platform with its significant ballistic and mine protection and high payload capacity to meet the requirements of modern armed forces for all types of missions in the battlefield. TULPAR’s high power to weight ratio, all-terrain high-performance suspension and automatic track tensioning system offer superior mobility in diverse terrain and climatic conditions. TULPAR Medium Tank which is a part of the family is integrated with 105 mm weapon system and provides a state-of-the-art solution with high firepower.