Investment News

Gong Tolls for Altınay Defence in BIST
Investment

Gong Tolls for Altınay Defence in BIST

Altınay Defence, following its participation in the stock market, has received a total investment of TL 1.9 billion.

UK to Build Six New Amphibious Warships for Royal Navy
Navy / Maritime Investment

UK to Build Six New Amphibious Warships for Royal Navy

Secretary of State for Defence of the United Kingdom, Grant Shapps, announced they would build six new warships for the Royal Navy.

Fincantieri Acquires Leonardo’s Underwater Subsidiary
Investment

Fincantieri Acquires Leonardo’s Underwater Subsidiary

Italian shipbuilder Fincantieri will acquire Leonardo’s subsidiary, WASS, which is responsible for underwater systems development.

ASELSAN Signs a New Contract for Border Protection
Homeland Security Investment

ASELSAN Signs a New Contract for Border Protection

ASELSAN and the Secretariat of Defence Industry (SSB) signed a new contract for border protection.

Altınay Defence to Join Stock Market
Air Investment Unmanned Systems

Altınay Defence to Join Stock Market

Altınay Defence Technologies is preparing to become the newest member of Borsa Istanbul after its approval from the Capital Markets Board (SPK).

RENK Group to Establish a Manufacturing Unit in India
Investment Engine and Transmission

RENK Group to Establish a Manufacturing Unit in India

RENK, a company specialising in developing essential drive systems for the military, is expanding its operations in India.

ASELSAN Opens Branch Office in Latin America
Investment Expo and Air Show

ASELSAN Opens Branch Office in Latin America

ASELSAN opened its Santiago Office in Latin America as part of its global growth strategy.

Rheinmetall Constructs a New Hybrid Facility in Hungary
Land Investment Engine and Transmission

Rheinmetall Constructs a New Hybrid Facility in Hungary

Rheinmetall is establishing a new facility in Szeged, Hungary, to increase its presence in the EU and NATO partner countries.

Doğan Holding Visits Karel Company
Investment

Doğan Holding Visits Karel Company

Doğan Holding Senior management visited Karel facilities, which offers products and solutions for the electronics and defence industry, in Ankara.

GE Becomes GE Aerospace after GE Vernova Spin-Off
Air Investment Engine and Transmission

GE Becomes GE Aerospace after GE Vernova Spin-Off

GE Aerospace launches as an independent public company positioned to deliver propulsion, services and systems.

EU: United for Europe, Divided about Defence
Investment Regional / Strategy

EU: United for Europe, Divided about Defence

The EU is divided into northern and southern countries regarding the proposal to issue a Eurobond for EU defence support.

Otokar Announces the Romanian Bid at KAP
Land Investment

Otokar Announces the Romanian Bid at KAP

Romania-based “Defense Romania” recently claimed that only OTOKAR made a bid in the 4×4 armoured vehicle tender opened by Romania.

France and Germany Sign MGCS Tank Development Agreement
Land Investment

France and Germany Sign MGCS Tank Development Agreement

France and Germany agreed to develop a planned next-generation tank known as the Main Ground Combat System (MGCS).

Russia Hits Dnipro Dam with Cruise Missiles
Weapon / Missile Investment

Russia Hits Dnipro Dam with Cruise Missiles

Dnipro Dam of Ukraine in the city of Zaporizhzhia used as a hydroelectric power plant, was targeted by a Russian cruise missile strike using flare decoys.