ASELSAN
Defense firm Aselsan’s 6-month profit soars 133 percent
Turkish defense company Aselsan has reported a net income of 3.6 billion Turkish Liras ($106 million) for the first half of 2024, a 133 percent increase from a year ago.
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.
Turkey's ASELSAN starts development of electromagnetic ball system with speed six times faster than sound
Turkey's defense company ASELSAN has started developing an electromagnetic ball system (EMT) technology, which is also dubbed "Railgun," reaching a speed six times faster than sound in its first test-fires, daily Dünya has said in a report.