American Tactical AT 92. Full size model.

If you are thinking that this pistol looks familiar, you are right. The Yavuz 16 is a copy of the Beretta 92FS (M9 pistol). It is made by the Turkish state-owned arms manufacturing giant MKEK. I was told that the story behind the pistol is that one of the MKEK factories did manufacturing work for Beretta. Once their relationship ended, which I presumed did not end well, they cloned it and started manufacturing it for local law enforcement.

Some years ago Beretta switched the guide rod and trigger from steel to polymer. The AT92 is all steel, which should please some customers.

AT 92 Compact Nickel Finish

It is available in a black or nickel finish and in a full size and compact model. Because of BATFE restrictions on the size of imported pistols, the compact is not much smaller than the full size model.

Specifications
Caliber	9x19mm
Capacity	15 round
Frame	Aluminum
Magazine	Uses Standard Beretta 92FS magazines.
Finish	Black or Nickel
Barrel	4.92" (Full Size) / 4.33" (Compact)
CA Approved	No. Lacks mag safety.
Front Sight	Fixed blade
Rear Sight	Notched rear
MSRP (Price)	$549 for all models.

Many thanks to Chris for supplying information.

UPDATE: Dutch Ton pointed out in the comments that these guns are manufactured by a company named Yavuz 16, which is part of MKEK.

Hat Tip: Gun Reports

That works out as $489 per pistol and spare parts.

From the press release:

The contract was awarded along with a first delivery order for 20,000 pistols intended for the Iraqi military. Delivery of pistols against the contract has already begun.

“We are honored to see the quality and performance of the Beretta Model 92FS pistol continue to be acknowledged in this dramatic way,” commented Cav. Ugo Gussalli Beretta, President of Beretta U.S.A. “It is clear that the Beretta 9mm pistol still sets the standard for military users throughout the world.”

Two F-22 Raptor cost about the same as 450,000 Beretta Model 92FS’s!