http://www.janes.com/article/70204/rolls-royce-forms-joint-venture-with-turkey-s-kale-group-to-produce-tf-x-engines

Rolls-Royce forms joint venture with Turkey's Kale Group to produce TF-X engines

On 8 May the UK's Rolls-Royce and Turkey's Kale Group announced the formation of a joint venture (JV) to develop aero engines, including the powerplant for Turkey's planned Turkish Fighter Experimental (TF-X) fifth-generation fighter project. Kale Group will own 51% and Rolls-Royce 49% of the JV, which will be named TAEC Uçak Motor Sanayi AS and will target aero-engine opportunities in Turkey.

"Turkey's first TF-X aircraft is planned to fly by 2023. Through our [JV], we predict that we will develop the first products up to this date and start serial engine production by 2030, if we are selected to produce the engine within the framework of this project," said Kale Group vice-president Osman Okyay, speaking at the JV's signing ceremony.