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Tender To Be Issued for Altay MBT

OTOKAR has announced at the Public Disclosure Platform (KAP) that it will follow Turkish Undersecreteriat for Defence Industry's (SSM's) tender procedures regarding Altay main battle tank. The company used to have exclusive right to submit its offer as the manufacturer of the tank's prototype. OTOKAR, who has sent its best and last offer in 2016, said it has received a document from SSM saying that the offer had been evaluated in terms of managerial, financial and technical aspects however not found favorable due to disagreement on the contract clauses, especially the ones regarding the price. 
According to the information obtained by C4Defence, the subcontractors constitute 70 percent of the price on OTOKAR's offer. Subcontractors, on the other hand, are chosen by the undersecreteriat.

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