TÜRK SAVUNMA SANAYİİ İLE ABD SAVUNMA SANAYİİ'NİN FİNANSAL OLARAK KARŞILAŞTIRMASI

Abstract

Dünya, büyük savaşlar, gerginlikler ve devletler arası çatışmalar nedeniyle büyük dönüşümlere tanık olmaya başlamıştır. Doğal olarak bu gerileme hükümetleri endüstriyel bağlamda yeni düzenlemeler yapmaya yöneltmiştir. Türk Savunma Sanayii (TDI) gelişimi, diğer yükselen devletlerle birlikte bu dönemin bir meyvesidir. Bu makale, Türk Savunma Sanayii'nin (TDI) Amerika Birleşik Devletleri Savunma Sanayi (USDI) ile karşılaştırıldığında finansal gücüne ışık tutmayı amaçlamaktadır. Bu amacı gerçekleştirmek için 2023 ve 2024 yılları için finansal tablo oranları ve Mann-Whitney U testleri kullanılmıştır. Analiz sonuçlarına göre TDI'nin likidite yönetimi ve karlılık konusunda zaafları bulunmaktadır. Öte yandan, ciro süreleri yüksektir ve varlık yönetim seviyesi USD'ye göre nispeten düşüktür. Borç yönetiminde sorunlar vardır. Ayrıca, Mann-Whitney U testlerine göre USDI ve TDI arasında homojenlik farklılıkları vardır. Sıradan bir yatırımcı USDI ve TDI'yi aynı şekilde gözlemlese de, bu ileri teknoloji ve savunma şirketlerinin ve endüstrilerinin küresel konumlanmaları farklıdır. Bu durumun temel nedenleri ve analiz sonuçları sonuç bölümünde tartışılmaktadır.

Keywords

• Savunma Endüstrileri
• Finansal Oranlar
• Mann-Whitney U testi

THE FINANCIAL COMPARISON OF THE TURKISH DEFENCE INDUSTRY WITH THE UNITED STATES DEFENCE INDUSTRY

Abstract

The world has begun to witness big transformations due to the great wars, tensions, and conflicts between states. Naturally, this downturn led the governments to make new arrangements in the industrial context. The Turkish Defence Industry (TDI) development is a fruit of this era, along with other emerging states. This paper aims to shed light on the financial power of the Turkish Defence Industry (TDI) in comparison with the United States Defence Industry (USDI). Financial statement ratios and Mann-Whitney U tests are used for 2023 and 2024 to realise this purpose. According to the analysis results, TDI has vulnerabilities regarding liquidity management and profitability. On the other hand, the durations of turnovers are high, and the asset management level is relatively lower than that of USD. There are problems with debt management. Moreover, there are homogeneity differences between USDI and TDI regarding Mann-Whitney U tests. Although an ordinary investor observes USDI and TDI in the same way, the global positioning of these high-tech and defence companies and their industries is different. The main causes of this situation and the analysis results are discussed in the conclusion section.

Keywords

• Defence Industries
• Financial Ratios
• Mann-Whitney U test.

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