ASELSAN
Aselsan’s net income soars to 7.4 billion liras in 2023
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.
Aselsan unveils Türkiye’s 1st domestic anti-submarine sonar
Turkish defense industry firm Aselsan has developed Türkiye's first indigenous over-the-horizon submarine defense warfare sonar, facilitating the detection of underwater threats over vast distances.
Türkiye's first autonomous underwater vehicle prepares for duty
Türkiye's first autonomous underwater vehicle Deringöz, developed by Aselsan, which can be used underwater for both military and civilian purposes, has successfully completed diving tests.
Women play key role in Turkish defense industry
Commemorating International Women's Day, female representatives of Aselsan, an organization of the Turkish defense industry, have shared their contributions and experiences as women in the sector.
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Defense firms showcase products at DIMDEX in Qatar
Some 39 Turkish defense companies are attending the Doha International Maritime Defense Exhibition and Conference (DIMDEX) this year, the Presidency of Defense Industries (SSB) has said.
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Türkiye’s fifth-generation fighter jet performs maiden flight
Türkiye's fifth-generation indigenous combat aircraft, KAAN, on Feb. 21 successfully conducted its first flight, marking an important milestone as one of the country's premiere defense industry projects.
Turkish defense firms ink $10 billion in deals last year
Turkish defense companies signed agreements worth a total of $10.2 billion abroad last year, Haluk Görgün, the head of the Defense Industry Agency (SSB) has said.
The Turkish defense industry has exported 230 products to 185 countries over the past 10 years, Görgün told a conference organized at the southern province of Antalya.
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.
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Defense sector’s exports climb to $5.6 billion last year
The Turkish defense and aerospace industry's exports climbed to an all-time high of $5.55 billion last year.
The industry's export revenues increased by 27 percent in 2023 from 2022, capturing a 2.3 percent share in Türkiye's total exports last year.
In 2023, the country's exports hit a record $255.8 billion, rising from $254.2 billion in 2022.
4 Turkish firms among top 100 arms companies
With a combined arms revenue of $5.5 billion, four Turkish companies, namely Aselsan, Baykar, Turkish Aerospace Industries and Roketsan, have made it to the Stockholm International Peace Research Institute's (SIPRI) Top 100 list for 2022 — two more than in 2021.
Baykar (ranked 76th) and Roketsan (ranked 100th) entered the Top 100 for the first time.
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