Turkey: Defense Firms Undergo Losses after F-35 Removal

A Russian military cargo plane carrying part of the S-400 missile system at the Murted airfield in Ankara on Friday, in a picture provided by the Turkish Defense Ministry.
A Russian military cargo plane carrying part of the S-400 missile system at the Murted airfield in Ankara on Friday, in a picture provided by the Turkish Defense Ministry.
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Turkey: Defense Firms Undergo Losses after F-35 Removal

A Russian military cargo plane carrying part of the S-400 missile system at the Murted airfield in Ankara on Friday, in a picture provided by the Turkish Defense Ministry.
A Russian military cargo plane carrying part of the S-400 missile system at the Murted airfield in Ankara on Friday, in a picture provided by the Turkish Defense Ministry.

Turkish defense companies could face temporary losses after Washington's decision to remove Ankara from the F-35 fighter jet program.

However, the industry will emerge stronger as a result, the head of Turkey's Defence Industry Directorate said on Thursday.

US said it was removing Turkey from the F-35 jet program over its purchase of Russian S-400 defence systems, Reuters reported.

Turkey had earlier ordered more than 100 of the stealth fighters and its defense firms were also involved in building the jets.

Speaking to reporters in Ankara, Ismail Demir said Turkish companies would evaluate how to compensate for their losses from Turkey's removal.

He also added that other countries involved in the F-35 program would face an additional cost of $7-8 million per jet as a result of the move.

According to Reuters, Demir revealed that Turkey would not purchase foreign defense equipment from now on unless it was absolutely necessary, but did not elaborate further.



UK’s Starmer: No Indication from Trump That US About to Enter Iran-Israel Conflict

 British Prime Minister Keir Starmer look on as he attends media interviews during the G7 summit in Kananaskis, Alberta, Canada, June 17, 2025. (Reuters)
British Prime Minister Keir Starmer look on as he attends media interviews during the G7 summit in Kananaskis, Alberta, Canada, June 17, 2025. (Reuters)
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UK’s Starmer: No Indication from Trump That US About to Enter Iran-Israel Conflict

 British Prime Minister Keir Starmer look on as he attends media interviews during the G7 summit in Kananaskis, Alberta, Canada, June 17, 2025. (Reuters)
British Prime Minister Keir Starmer look on as he attends media interviews during the G7 summit in Kananaskis, Alberta, Canada, June 17, 2025. (Reuters)

British Prime Minister Keir Starmer said on Tuesday that US President Donald Trump had not said anything to indicate that the United States was about to enter the conflict between Israel and Iran.

"There is nothing the President said that suggests he's about to get involved in this conflict, on the contrary, the G7 statement was about de-escalation," Starmer told reporters at a Group of Seven (G7) summit in Canada.

The G7 nations expressed support for Israel in a statement issued late on Monday and labelled its rival Iran as a source of instability in the Middle East, with the G7 leaders urging broader de-escalation of hostilities in the region.

Trump has said he wants a "real end" to the nuclear dispute with Iran and indicated he may send senior American officials to meet with Iranian officials as the Israel-Iran air war raged for a fifth day.