OFFSET PROJECTS

OFFSET PROJECTS

Undersecretariat for Defense Industry (SSM), the body that spearheads the acquisition and procurement activities in the Turkish defense industry successfully implements an OFFSET liability program for those foreign companies that do business in Turkey to help contribute to the development of local capabilities to increase the self-sufficiency in which Altay Inc. is quite instrumental with its extensive know-how and experience in the defense market in coming up with innovative solutions that would assist those foreign companies in fulfilling their OFFSET liabilities in an optimized way to the extent possible through a variety of structures such as foreign-local cooperations and/or collaboration options with local SMEs which in the end would make them gain additional coefficient(s).