G7 to Use Russian Assets to Reimburse Ukraine’s Debts
The Group of 7 countries announced they would use $ 50 billion of frozen Russian assets abroad as a debt loan to Ukraine.
Investment News
ASELSAN to Produce Missile Seekers for Roketsan
ASELSAN announced at the Public Disclosure Platform (KAP) that it signed an agreement with Roketsan regarding missile subsystems and seeker production.
ASELSAN and TUSAŞ Sign USD 110 Million Worth Contract
ASELSAN and Turkish Aerospace Industries signed a new contract valuing USD 110 Million.
ASELSAN Signs Contract Amendment for MILGEM
ASELSAN informed KAP that it had a contract amendment with TAIS Shipyards & STM Joint Venture for Naval Warfare Systems and Payloads of MİLGEM 9-12 Frigates.
GD-OTS Announces REPKON for Artillery Projectile Production
General Dynamics Ordnance and Tactical Systems (GD-OTS) announced the Turkish REPKON for artillery projectile metal production facility in Mesquite, Texas.
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
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
Italian shipbuilder Fincantieri will acquire Leonardo’s subsidiary, WASS, which is responsible for underwater systems development.
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
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
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
ASELSAN opened its Santiago Office in Latin America as part of its global growth strategy.
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
Doğan Holding Senior management visited Karel facilities, which offers products and solutions for the electronics and defence industry, in Ankara.
