An Ottoman entry into the dreadnought race

How would Russia react if the Ottoman Empire entered the dreadnought race to match the Black Sea Fleet?

Russia and especially Greece would accelerate construction, while British yards would profit from supplying the regional race.

An Ottoman effort to match Russia's Black Sea dreadnoughts would probably provoke a rapid Russian response. Greece would face an even more alarming regional threat and press for ships of its own. British yards, particularly Vickers, would profit from the resulting orders. Their ability to build for several customers would make the regional arms race commercially attractive to an outside naval power.