Airbus and Turkish Undersecreteriat for Defence Industries (SSM) signed a Memorandum of Understanding to strengthen collaboration with Turkey and increase industrial partnership. The deal, which has been signed by Airbus Member of the Board Thierry Baril and SSM Undersecretary Prof.Dr. Ismail Demir on January 25, aims to significantly increase Airbus's business alliance with local suppliers. In this context, Airbus plans to purchase components worth over $2 billion from Turkish suppliers over the next two years. Under the agreement, this figure will rise to $5 billion between 2020 and 2030.