Aselsan

Aselsan, Türkiye's largest defense company, has signed an agreement with Baykar, the maker of Bayraktar drones, for electro-optical systems.

"An order has been received from Baykar Makina for electro-optical system deliveries with a total amount of $17.55 million," Aselsan announced in a filing with Borsa Istanbul.

The indigenously developed long-range air defense system is expected to start serving in the coming days to protect Türkiye's airspace, along with the Russian S-400s, as it has completed its final tests.

Türkiye's first indigenous multirole helicopter T625 GÖKBEY has successfully completed its first flight test with the domestic TS1400 turboshaft engine, Defense Industries Presidency (SSB) head İsmail Demir has announced.

Türkiye's leading defense company Aselsan has organized a kite flying activity at its Disaster and Logistics Center for quake survivor children in the southern quake-hit province of Hatay, as part of the effort to boost their mental well-being.

In the aftermath of the disastrous quakes, Türkiye's leading defense company Aselsan has established a tent city with a 600-people capacity in Hatay with its own cold and heat-resistant tents.

Healthcare workers are on duty at the tent city, which has kindergartens, laundry and shower facilities.

Türkiye's first unmanned ground vehicle Barkan, developed by HAVELSAN under the coordination of the Defense Industries Presidency (SSB), has made its first guided missile firing.

Türkiye's leading defense company Aselsan has reported that its net income increased from 3.1 billion Turkish Liras in January-September 2021 to 5.7 billion liras in the same period of this year, marking an 83 percent rise.

Following Türkiye's armed drones, the unmanned marine vessel of Türkiye, MARLIN SİDA, would be a game changer in the field of unmanned surface watercraft, Türkiye's Defense Industries President İsmail Demir said on Sept. 15.

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."

The net income of Aselsan, Türkiye's largest defense company, increased by 50 percent in January-June from a year ago to 3.8 billion Turkish Liras.

Revenues rose by 55 percent year-on-year in the first half to 10.84 billion liras, with the net profit margin declining slightly from 36 to 35 percent.