The Defense Industry is advancing worldwide, with cutting-edge technologies for land, air, and sea security becoming increasingly prominent each day. Countries aim to secure their safety by increasing the number of trained personnel and investments in this field or by purchasing these advanced technologies. The high acquisition costs and political significance of these technologies have driven many nations to develop their own defense industries.

In recent years, our country has made significant strides in this industry, with the export of defense projects and technologies continuing to grow rapidly. Our companies contribute to the nation’s security by producing unmanned aerial vehicles, ships, helicopters, tanks, weapons, radar systems, and munitions. According to the latest data, as of 2021, our defense industry exports have grown 13-fold over the past 20 years, reaching 3.2 billion USD, with the value of defense industry projects reaching 65 billion USD. The 2020 data indicates that the revenue of our defense industry has risen to 8.8 billion USD.

As the defense sector grows, so do the associated risks, increasing the demand for risk management professionals in this field. At NART Insurance and Reinsurance Brokerage, we offer solutions to address the risks emerging in the defense industry through our expert teams. NART is equipped to manage a wide range of risks within the defense industry, including fire, earthquake, loss of profit, workplace accidents, and third-party liabilities related to production facilities. Additionally, with the strength of our global networks, we have the ability to access global insurance markets and provide aviation coverage for unmanned aerial vehicles, offering proposals to our clients.