Ahmet Akyol

Net income of Türkiye's leading defense company Aselsan soared from 1.19 billion Turkish Liras in 2022 to 7.4 billion liras ($230 million) last year, pointing to a 520 percent increase.

Two of Türkiye's biggest defense firms, Aselsan and Havelsan, have signed a Memorandum of Understanding (MoU) on business sharing, which includes more efficient use of common resources.

Haluk Görgün, president of Defense Industries, Ahmet Akyol, general manager of Aselsan, and Mehmet Akif Nacar, general manager of Havelsan, attended the signing ceremony on Jan. 23 in Ankara.