TRMOTOR Testing Centre and Quantum R&D Lab Opened at GTU
TRMOTOR has launched its Subsystem Testing Centre at the Gebze Technical University, at the same time as Quantum Technology Lab for ASELSAN and TÜBİTAK.
Investment News
FNSS and CSG Aim for the European Market with New JV
FNSS and Czechia-based CSG signed a framework agreement to form the Danube Defence Technologies JV to answer the needs of the European market in land systems.
Otokar’s Acquisition of Automecanica SA Approved by Romania
Romania’s foreign direct investment authorities have approved the acquisition of Automecania SA by Otokar, to support the local production of Cobra II 4x4.
FN Browning Group Acquires UK-Based Accuracy International
Belgian FN Browning Group has announced the acquisition of the UK-based Accuracy International, well-known for its specialisation in bolt-action sniper rifles.
ASELSAN exceeds 2 trillion TL market value milestone
ASELSAN has surpassed a market capitalisation of 2 trillion TL, becoming the first publicly traded company in Türkiye to reach this level amid defence rally.
Otokar acquires Romanian plant for EU expansion
Otokar has signed a deal to acquire Automecanica SA in Romania, gaining control of an EU-based armoured vehicle production facility for future operations.
Blitz Steps into the US Market as Blitz Technology Inc.
Turkiye-based Blitz, known for its line of compact EO/IR systems with high resolution, has entered the US market under the name Blitz Technology Inc.
Türkiye moves toward explosive independence with $1.5bn push
MKE invests $1.5bn for explosive infrastructure to eliminate foreign dependency in explosive raw materials by establishing an energetics production chain.
Destinus and Rheinmetall Form a JV for Missile Development
Netherlands-based Destinus and Germany’s Rheinmetall have launched a new JV, named Destinus Strike Systems, to develop and produce various missiles jointly.
OYAK eyes dual-use defence tech acquisitions abroad
OYAK is exploring acquisitions of dual-use technology firms as it seeks access to defence-relevant technologies without directly investing in weapons systems.
Tera buys 70% of Best Grup, signalling defence finance shift
Financial investors are increasingly entering defence as rising costs of advanced military technologies push companies to seek new funding models worldwide.
ULAQ Global Opens New Ankara Office in Bilkent Cyberpark
ULAQ Global, known for the ULAQ line of unmanned surface vessels as Turkiye’s first line, announced its new Ankara Office, located in Bilkent Cyberpark.
Leonardo acquires Iveco defence business in €1.7bn deal
Leonardo has completed the €1.7 billion acquisition of Iveco, expanding into land systems as consolidation accelerates across Europe’s defence industry.
Altınay raises authorised capital ceiling to TL 5bn
Altınay increases its capital ceiling fivefold to TL 5bn following a board decision aimed at supporting future investments in defence and aerospace programmes.
