Turkey rejoins F-35 program by...?
PoliticsTrumpGeopoliticsTurkeyErdoganF-35
Start Date
2026-07-14
End Date
2027-07-01
24h Volume
$33
Total Volume
$47K
  • Will Turkey rejoin the F-35 program by December 31, 2026?17¢17%
  • Will Turkey rejoin the F-35 program by June 30, 2027?31¢31%

Ongoing bilateral talks between the United States and Turkey center on delivering six F-35 aircraft Turkey purchased before its 2019 removal from the program over the S-400 acquisition. Turkish Deputy Defense Minister Alpaslan Kavaklıoğlu and the Defense Ministry described contacts as intensive in mid-October 2026 and expressed optimism for a positive outcome, including potential lifting of CAATSA sanctions. US Secretary of State Marco Rubio confirmed President Trump’s interest in proceeding but reiterated that statutory conditions tied to the Russian system must first be satisfied. The jets remain in US storage pending resolution of certification requirements for Congress. These negotiations, alongside possible third-country relocation discussions for the S-400, represent the main near-term catalysts shaping trader assessments of re-entry timelines.

Rules

This market will resolve to “Yes” if Turkey becomes formally included in the F-35 program between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”. Turkey will be considered formally included in the F-35 program if any of the following occur: - Turkey is officially listed by the F-35 Joint Program Office as an F-35 Partner; - Turkey is officially listed by the F-35 Joint Program Office as an F-35 Foreign Military Sales Customer; or - the United States federal government officially announces that Turkey has signed or accepted a Foreign Military Sales Letter (FMS) of Offer and Acceptance (LOA) for F-35 aircraft or F-35 components. Statements of intent, negotiations, sanctions relief, waiver or certification of legal restrictions, congressional notification, or general announcements that the United States supports or is considering an F-35 sale to Turkey will not qualify unless one of the above conditions is met. Once a qualifying action has occurred, this market will resolve to “Yes,” regardless of any subsequent reversal, suspension, or cancellation. The primary resolution source for this market will be official information from the F-35 Joint Program Office and the United States federal government; however, a consensus of credible reporting will also be considered.

Turkey rejoins F-35 program by...?

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