Country News

Aselsan makes Q1 profits of $147M
Country

Aselsan makes Q1 profits of $147M

Aselsan made 1.2 billion Turkish Lira ($147 million) in profits in the first quarter of the year, 34% more than the same period of 2020.

Turkey Celebrates 23 April at Homes due to Covid
Country

Turkey Celebrates 23 April at Homes due to Covid

National Sovereignty and Children's Day is a public holiday in Turkey commemorating the foundation of the Grand National Assembly on 23 April 1920.

105 Delegations from 63 Countries are Expected to IDEF
Investment Country

105 Delegations from 63 Countries are Expected to IDEF

The countdown has begun for the IDEF'21, which will be physically held on May 25-28, 2021, under the management and responsibility of Tüyap Fuarcılık.

The Defence expo in Ukraine is postponed to June
Investment Country

The Defence expo in Ukraine is postponed to June

Ukrainian defence expo Arms and Security is postponed to 15-18 June 2021 due to Covid Pandemic.

SSI's Financial General Assembly is held
Country

SSI's Financial General Assembly is held

The Ordinary Financial General Assembly Meeting of the Defence and Aerospace Industry Exporters' Association (SSI) was held.

National System for Biometric Recognition
Country Modernisation Homeland Security

National System for Biometric Recognition

Biyoteksan developed an indigenous algorithm to identify biometric data. The company is a joint venture of HAVELSAN and POLSAN.

Libyan Government Gets Approval
Country Regional / Strategy

Libyan Government Gets Approval

Abdulhamid Dbeibeh’s cabinet got 132 votes to two against at the Libya Parliament. “it became clear that the Libyans are one unit,” Dbeibeh said.

US Top Lawmaker Calls F-35’ Rathole,’
Air Investment Country Modernisation

US Top Lawmaker Calls F-35’ Rathole,’

F-35 Joint Strike Fighter program is under the scope of the House Armed Services Committee which called the F-35 a “rathole” in a virtual event.

Defence Industry’s New Target: Embargos
Investment Country Defence Politics Modernisation

Defence Industry’s New Target: Embargos

The Defence Industry Executive Committee, chaired by President Recep Tayyip Erdoğan, discussed new military systems for its armed forces.

“Call of Duty” from ASELSAN
Investment Country

“Call of Duty” from ASELSAN

ASELSAN starts the “Back to Turkey program. It is renamed “Next Big Move to Türkiye” in 2020. The plan targets to reach Turkish talents who work abroad.

ASELSAN Reached the Highest Revenue and Profitability of All Time
Investment Country

ASELSAN Reached the Highest Revenue and Profitability of All Time

ASELSAN's 2020 year-end financial results were announced. The revenues increased by 24 per cent compared to the previous year and exceeded 16 Billion TL.

ASELSAN on Health Mission
Investment Country

ASELSAN on Health Mission

Turkish defence giant ASELSAN unveiled its capacity in the health sector.

Ukraine Supports Sapsan Programme
Weapon / Missile Investment Country Modernisation

Ukraine Supports Sapsan Programme

According to the ministry's press service, the Ukrainian Defence Ministry will finance the Sapsan missile system's creation this year.