BAE-Turkey Fighter Jet Plan Said Delayed After Failed Coup

Bloomberg.com - 8/18/2016

BAE Systems Plc’s deal to develop Turkey’s first home-built fighter jet has been delayed as the U.K. assesses the aftermath of the attempted coup against President Recep Tayyip Erdogan, according to people familiar with the situation. Formal details of the cooperation with Turkish Aerospace Industries on the jet, dubbed the TF-X, may be announced only toward the end of the year, the people said. The agreement had originally been expected within the next few weeks, two of the people said.

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