Is this the start of the great Indonesian pivot to Turkiye away from SK?
Maybe, the chance increases with each passing day.Are you hinting "KAAN"....
Maybe I wasn't clear enough but the MOU covers the "surface vehicles, tank modernization and maintenance of missile systems". The rest is signed.MoU (Memorandum of Understanding) Means little tho as it's not really binding nor serve as any sign of funding.
On the subject of Indonesian technology transfers etc is that, we actually spend or willing to spend kinda little in any RnD project, not gonna expect much.
While for Turkish arms procurement, this will be decided mostly by the banking institution's ability to fund the purchase via external loan (yes we did that for all). For example our Su-27/30 purchase were funded through Singaporean bank as lender. Our Rafale purchase also funded through BNP Paribas which also offer financial lending and afaik their offer was generous if taken they are willing to not just fund 42 aircrafts but also up to 70.
US Deals are handled through FMS which was a G2G scheme. The only time we purchase stuff without FMS, was C-130J Which we obtained via DCS (Direct Commercial Sale) scheme, again foreign bank act as lender to finance the deal.
Now, how's Turkish banks ability to help finance the deal ? Afaik from Alman Helvas, Turkish banking institution offer relatively higher interest rate for loan compared to French or other bank's offer. We can;t use other banks too as Turkiye was considered risky for Business.
Otherwise Instead of MoU, you will see LoC or Letter of Credit. That's when the money will flow
Hi,Maybe I wasn't clear enough but the MOU covers the "surface vehicles, tank modernization and maintenance of missile systems". The rest is signed.
Also the CEO of STM was present at the signing ceremony but no word of ships (yet). Also no mentioning of Aselsan naval EW like we've seen earlier on the infographs of the AH140. Not everything is published (yet).
What (seems) impossible today doesn't seem impossible tomorrow. The trend is noticeable. Prabowo is not Jokowi.