Havelsan

Major defense firms sign cooperation deal

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.

Turkish defense companies to attend ADEX fair

A total of 41 Turkish defense companies will attend the fourth edition of the Azerbaijan International Defense Exhibition (ADEX), the region's largest event in the field of the defense industry and internal security.

The event will take place between Sept. 6 and 8 in the capital Baku.
A special section on a 2,800-square-meter area has been allocated to the "Turkish Pavilion."

Turkish defense firms to attend fair in Chile

Turkey's largest defense companies will showcase their products at another international fair, this time in Chile.

Aselsan, Aspilsan, Havelsan, Nurol, Otokar, Repkon, Roketsan, Tisaş, Turkish Aerospace Industries (TUSAŞ, and Canik will take part in the International Air and Space Fair (FIDAE), which will take place between April 5 and April 10 in Chile's capital Santiago.

Turkish defense giants devote huge budgets to R&D

Managers of Turkey's largest defense companies underlined the importance of research and development activities during a panel in Turkey's major defense event.

Speaking at SAHA EXPO, managers said their firms allocate a significant amount of budget for R&D activities.

The four-day event kicked off on Nov. 10. 

Aselsan keeps its place among top 50 defense companies

Turkey's top defense company Aselsan has been placed 48th in Defense News Top 100 list for 2020 with $2.2 billion in revenues.

The prestigious American magazine compiles the list in accordance with companies' annual defense revenues.

Aselsan increased its defense revenues by 2 percent year-on-year in 2020, according to Defense News.

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