Ahmet Akyol
ASELSAN reports strong Q1 financial results
ASELSAN, a leading Turkish defense company, announced strong financial results for the first quarter of 2024. Quarterly revenues increased by 5 percent year-on-year to 15.1 billion liras ($542 million), while gross profit also saw a 3 percent increase compared to the same period last year.
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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.
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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