05.04.2026, 19:23
Zitat:OYAK eyes dual-use defence tech acquisitions abroad
05 Apr 2026, 15:41 4 mins
United Kingdom Turkiye
Investment
OYAK eyes dual-use defence tech acquisitions abroad
OYAK is reviewing potential acquisitions of companies developing technologies with both civilian and military applications. OYAK General Manager Murat Yalçıntaş said in an interview with Anadolu Agency during investor meetings in London that the group is examining firms developing technologies applicable to both civilian and defence sectors. The strategy reflects a growing global trend in which capital is increasingly directed toward enabling technologies that support modern defence systems.
Yalçıntaş noted that OYAK operates more than 140 companies with nearly 37,000 employees across more than 20 countries, spanning sectors from iron and steel to energy, automotive and chemicals. To manage the insurance requirements of such a diversified industrial structure, the group established OYAK Group Insurance and Reinsurance Brokerage in 2017.
The company later gained Lloyd’s Broker status in London in 2020 and now operates internationally as OYAK Global Risk Services Ltd. According to Yalçıntaş, the London office focuses primarily on structuring reinsurance programmes and managing major coverage needs such as fire, earthquake and business interruption risks for large industrial facilities. The office also works closely with international markets in specialised sectors including maritime and aviation insurance.
He said the company has recently expanded its focus to emerging risk areas such as cyber threats and supply chain disruptions.
“Risks today are no longer limited to physical damage,” Yalçıntaş said. “Digitalisation and globalised trade have created far more complex risk environments.”
https://turdef.com/article/oyak-eyes-dua...ons-abroad
