This paper explores the viability of a NATO-like defense cooperation among the Turkic states. While several challenges such as divergent security perceptions, differing foreign policy orientations, and the institutions’ limited capacities must be overcome, there are also several catalysts that could provide impetus for new security cooperation arrangements. Türkiye’s military capabilities as the only member of NATO in the region is particularly important. Furthermore, an ongoing imbalance in Armenia’s favor, supports the establishment of a security cooperation framework among the Turkic states. The developments in Ukraine and Crimea point to the necessity of a collective defense arrangement amid an increasingly insecure environment for the Turkic states. While initially beneficial, the OSCE has gradually and mostly lost its credibility in the southern Caucasus. The unequal implementation of its own principles and tactics employed in conflict resolution have inevitably led to a loss of trust from the parties involved. Meanwhile, it has ceased to analyze arms control developments in the region, despite UN Security Council Resolutions recognizing their regional dimension. Furthermore, the inadequate response to Armenia’s non-compliance with the above resolution damaged the OSCE’s credibility. Today, the Turkic states are left with few operational security cooperation options. The UN is far too inefficient and does not even have the legal framework to resolve any post-Soviet disputes. The CIS, which exists in the Caucasus in both political and military forms, lacks regional capacity and legitimacy. The GUAM organization created in 1997 at the instigation of the US and the West to pacify the edges of “the Russian World,” has been rendered operationally void. Overall, this paper explores cooperation strategies, assesses key institutional and political challenges, and discusses implications and future developments exploring the viability of a NATO-like defense cooperation among the Turkic states.