Turkish Drone Maker Baykar to Invest $300 mln to Develop Jet Engine, CEO Says

Haluk Bayraktar, CEO of Turkish drone-maker Baykar, poses after an interview with Reuters during the first day of SAHA EXPO Defence & Aerospace Exhibition in Istanbul, Türkiye, November 10, 2021. REUTERS/Umit Bektas/File Photo
Haluk Bayraktar, CEO of Turkish drone-maker Baykar, poses after an interview with Reuters during the first day of SAHA EXPO Defence & Aerospace Exhibition in Istanbul, Türkiye, November 10, 2021. REUTERS/Umit Bektas/File Photo
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Turkish Drone Maker Baykar to Invest $300 mln to Develop Jet Engine, CEO Says

Haluk Bayraktar, CEO of Turkish drone-maker Baykar, poses after an interview with Reuters during the first day of SAHA EXPO Defence & Aerospace Exhibition in Istanbul, Türkiye, November 10, 2021. REUTERS/Umit Bektas/File Photo
Haluk Bayraktar, CEO of Turkish drone-maker Baykar, poses after an interview with Reuters during the first day of SAHA EXPO Defence & Aerospace Exhibition in Istanbul, Türkiye, November 10, 2021. REUTERS/Umit Bektas/File Photo

Turkish drone maker Baykar is devoting resources to bring more component production in-house amid industry supply chain pressures, and will invest $300 million to develop jet engines, its chief executive told Reuters.

Turkish-made Baykar drones have gained prominence globally after being used by Ukraine's military against Russian forces as well as in campaigns in Azerbaijan and North Africa.

The company has become one of the most prolific drone exporters worldwide with its light TB2 and heavy Akinci drones sold to 35 countries.

Baykar is currently focused on bringing production of as many components in-house as possible, CEO Haluk Bayraktar said in an interview on the sidelines of the SAHA defence exhibition in Istanbul on Wednesday, shortly before a deadly attack on Türkiye's aerospace manufacturer TUSAS.

"With supply chain continuity a major issue worldwide, we're focused on in-house manufacturing. The missing piece is the engine and now we are beginning our own development project," Bayraktar said, Reuters reported.

Baykar will invest $300 million over the next five years to develop a turboprop engine for the Akinci drone. It will follow this with a turbofan engine for Kizilelma, an unmanned air-to-air combat vehicle currently undergoing flight trials.

Akinci and Kizilelma currently use Ukrainian built engines. The company has also recently signed an agreement with Ukraine's Ivchenko-Progress to separately co-develop a turbofan engine, Bayraktar said.

In the long term, the company is betting on autonomous, air-to-air combat capable drones taking over fighter jets.

"There are 13,000 piloted fighter jets in the world, and we are betting that over the next four decades all of them will be autonomous," Bayraktar said.

"They'll be smaller, employed in riskier missions and easier to manufacture. Their numbers will be an order of magnitude higher than the fighter jets we have today," he added.

Baykar expects to complete a Ukrainian factory next year.

"We are 80% through with construction and machines are being ordered. Production date will be determined by the course of the war, but the facility will be ready in August 2025," Bayraktar said.

The factory is expected to produce TB2 or its heavier payload capable variant TB3.

Baykar will keep capacity on TB2 and Akinci production lines flat, and over the next few years invest in expanding TB3 and Kizilelma lines. Kizilelma is expected to go into serial production next year at 10 units.

Baykar's revenues were $2 billion last year, up from $1.4 the previous year, with 90% from foreign markets. The company accounts for around a third of Turkey's total defence and aerospace exports.



US Voices Hope on Iran Deal Progress Before Pakistan Army Chief Visit

Secretary of State Marco Rubio speaks to the press before boarding his plane at Homestead Air Reserve Base, Thursday, May 21, 2026. Julia Demaree Nikhinson/Pool via REUTERS
Secretary of State Marco Rubio speaks to the press before boarding his plane at Homestead Air Reserve Base, Thursday, May 21, 2026. Julia Demaree Nikhinson/Pool via REUTERS
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US Voices Hope on Iran Deal Progress Before Pakistan Army Chief Visit

Secretary of State Marco Rubio speaks to the press before boarding his plane at Homestead Air Reserve Base, Thursday, May 21, 2026. Julia Demaree Nikhinson/Pool via REUTERS
Secretary of State Marco Rubio speaks to the press before boarding his plane at Homestead Air Reserve Base, Thursday, May 21, 2026. Julia Demaree Nikhinson/Pool via REUTERS

US Secretary of State Marco Rubio voiced hope on Thursday of progress on ending the war with Iran, with mediator Pakistan's army chief due to arrive in Iran for talks.

The expected visit by Field Marshal Asim Munir, a powerful figure with a growing role in Pakistan's foreign relations, comes a day after US President Donald Trump warned that negotiations to end the war were on the "borderline" between a deal and renewed strikes.

"I believe the Pakistanis will be travelling to Tehran today. So hopefully that'll advance this further," Rubio told reporters on Thursday, according to Reuters.

A ceasefire on April 8 halted the war launched weeks earlier by the US and Israel, but negotiation efforts have so far failed to yield a lasting peace agreement.

A war of words has taken the place of open conflict but the impasse continues to weigh on the world economy, leaving everyone from investors to farmers in a painful state of uncertainty.

On Thursday, Iran's ISNA news agency said Munir's visit was aimed at continuing "talks and consultations" with Iranian authorities, without providing details. Other Iranian media carried the same report.

Pakistan hosted in April the only direct negotiations between US and Iranian officials to take place since February 28, the day the war began.

Munir was at the center of the action during that round of talks, greeting both delegations on their arrival and displaying remarkable bonhomie with US Vice President JD Vance.

But the talks ultimately failed, with Iran accusing the US of making "excessive demands".

Since then, the two sides have exchanged multiple proposals, with the threat of renewed war looming all along.

"It's right on the borderline, believe me," Trump told reporters Wednesday. "If we don't get the right answers, it goes very quickly. We're all ready to go."

He said a deal could come "very quickly" or "in a few days", but warned Tehran would have to provide "100 percent good answers".

Rubio also criticized NATO allies for their refusal to help Trump's war against Iran.

"He's not asking them to commit troops. He's not asking them to send their fighter jets in. But they refuse to do anything," he said.

"We were very upset about that."

Tehran's chief negotiator Mohammad Bagher Ghalibaf on Wednesday accused Washington of seeking to restart the war, warning of a "forceful response" if Iran were to be attacked.

"The enemy's movements, both overt and clandestine, show that despite economic and political pressure, it has not abandoned its military objectives and is seeking to start a new war," Ghalibaf said.

Iran's foreign ministry spokesman Esmaeil Baqaei said Iran was examining points received from Washington, while repeating Tehran's demands for the release of its assets frozen abroad and an end to a US naval blockade.

Trump is under political pressure at home as energy costs rise.

The ceasefire halted the fighting but has not reopened the Strait of Hormuz, the vital waterway that normally carries about a fifth of the world's oil and liquefied natural gas.

The future of Hormuz remains a key sticking point in the negotiations, with fears growing that the global economy will feel more pain as pre-war oil stockpiles run down.

Iran imposed the blockade of Hormuz as part of its retaliation in the war, allowing only a trickle of vessels through in recent weeks while introducing a toll system.


Trump Postpones Signing Order on AI Oversight

US President Donald Trump speaks during an event with Environmental Protection Agency Administrator Lee Zeldin in the Oval Office at the White House in Washington, DC, USA, 21 May 2026. EPA/AL DRAGO / POOL NEWS SERVICE OK
US President Donald Trump speaks during an event with Environmental Protection Agency Administrator Lee Zeldin in the Oval Office at the White House in Washington, DC, USA, 21 May 2026. EPA/AL DRAGO / POOL NEWS SERVICE OK
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Trump Postpones Signing Order on AI Oversight

US President Donald Trump speaks during an event with Environmental Protection Agency Administrator Lee Zeldin in the Oval Office at the White House in Washington, DC, USA, 21 May 2026. EPA/AL DRAGO / POOL NEWS SERVICE OK
US President Donald Trump speaks during an event with Environmental Protection Agency Administrator Lee Zeldin in the Oval Office at the White House in Washington, DC, USA, 21 May 2026. EPA/AL DRAGO / POOL NEWS SERVICE OK

US President Donald Trump on Thursday said he had postponed signing an executive order on AI because he "didn't like certain aspects of it."

Trump had planned to sign the order at a ceremony on Thursday afternoon attended by CEOs of AI companies.

The order would create a voluntary framework for AI developers to ⁠engage with the ⁠US government before the public release of covered models, two sources told Reuters on Wednesday.

The president also had planned to direct the US government to use the advanced models to improve the cybersecurity defenses of ⁠government systems, along with networks owned by sectors that are vital to the nation's economy, such as banks and hospitals, according to another source.

Concerns are growing across the US government and in the private sector about the cybersecurity risks posed by powerful new AI systems, including Anthropic’s Mythos.

Anthropic has warned that Mythos could supercharge complex cyberattacks, though cybersecurity experts ⁠told ⁠Reuters that fears of unfettered hacking are overstated.

The president's executive order, if implemented, could hurt the industry's profits if it slows the rollout of new models or prompts companies to change how they perform to address security concerns.

Trump, who spoke to reporters on Thursday in the Oval Office, did not say which parts of the order he didn't like.


Teen Among 3 Dead in Türkiye after Floods, Landslides Hit Southern Province

FILE - A Navy officer helps a woman cross a flooded street after heavy rain in Poza Rica, Veracruz state, Mexico, Oct. 12, 2025. (AP Photo/Felix Marquez, File)
FILE - A Navy officer helps a woman cross a flooded street after heavy rain in Poza Rica, Veracruz state, Mexico, Oct. 12, 2025. (AP Photo/Felix Marquez, File)
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Teen Among 3 Dead in Türkiye after Floods, Landslides Hit Southern Province

FILE - A Navy officer helps a woman cross a flooded street after heavy rain in Poza Rica, Veracruz state, Mexico, Oct. 12, 2025. (AP Photo/Felix Marquez, File)
FILE - A Navy officer helps a woman cross a flooded street after heavy rain in Poza Rica, Veracruz state, Mexico, Oct. 12, 2025. (AP Photo/Felix Marquez, File)

Three people have died during flooding in southern Türkiye on Thursday, officials said, as the Interior Ministry issued weather warnings for 15 of the country's 81 provinces.

Heavy rainfall in Hatay, the province most affected by a devastating earthquake in 2023, caused the Asi river, also known as the Orontes, to break its banks, submerging fields and villages. Roads and bridges were also washed away, The Associated Press reported.

Among the victims was a 15-year-old boy who died in a house that collapsed during a landslide in Antakya, the provincial capital, Hatay Gov. Mustafa Masatli said.

A 66-year-old man died when his car rolled into a ditch in Defne, while and another man, aged 62, was swept away in floodwaters in the Samandag district.

Masatli said the flooding had caused significant damage to agriculture across 2,900 hectares (7,166 acres) as disaster teams continued to assess the impact. Firefighters rescued many people by boat as residents bailed out their homes and tried to hold the waters at bay with makeshift barriers.