Investment News

Aiming TF and Hürjet, BNA is now Nurol Control and Avionics
Turkiye

Aiming TF and Hürjet, BNA is now Nurol Control and Avionics

BNA a Turkish-British partnership, will continue as Nurol Control and Avionics with 100% Turkish capital and contribute to the Hürjet and (TF) projects.

SSİK Initiates 25 New Projects
Turkiye

SSİK Initiates 25 New Projects

The last Defence Industry Executive Committee (SSİK) of 2022 was held at the Presidential Complex, under President Recep Tayyip Erdoğan's chairmanship.

L3Harris Technologies Acquires Aerojet Rocketdyne Holdings
USA

L3Harris Technologies Acquires Aerojet Rocketdyne Holdings

Aerojet Rocketdyne and L3Harris Technologies announced the signing of a definitive agreement for L3Harris to acquire Aerojet Rocketdyne for $58.

Turkish Aerospace to Develop Anka-3 UAS
Turkiye

Turkish Aerospace to Develop Anka-3 UAS

Turkiye has started to develop studies for a new jet engine-driven Unmanned Combat Aerial System (UCAS).

Demonstrator Deal Inks for FCAS
Germany France Spain

Demonstrator Deal Inks for FCAS

New developments exist on the FCAS front. Germany claimed there was an agreement on industrial participation, while French Dassault denied it.

SAGE Inks Memorandum of Understanding with RWM Italia
Turkiye

SAGE Inks Memorandum of Understanding with RWM Italia

TÜBİTAK SAGE, a state defence industry research and development institute under ministry of industry, inked a Memorandum of Understanding (MoU) with RWM Italia.

New Business Model Proposal for new Project
Turkiye

New Business Model Proposal for new Project

SSB Proposes establishing a new company for the Next Generation Tracked Vehicle (YNPA) project as President sent a letter to many recipients.

BAE Systems Agrees on Sale Of Stake in BNA
United Kingdom Turkiye

BAE Systems Agrees on Sale Of Stake in BNA

BAE Systems has agreed with Nurol Holding A.Ş. to sell its 49% holding in Nurol BAE Systems Hava Sistemleri Anonim Sirketi (“BNA”).

ASFAT Completes an Important Milestone for Turkish OPV
Turkiye

ASFAT Completes an Important Milestone for Turkish OPV

Turkiye continues to study and enhance the capabilities of the Turkish Navy. ASFAT, passed an important milestone.

Submarine Energy Cooperation for Indonesia
Indonesia France

Submarine Energy Cooperation for Indonesia

Indonesia continues its future steps for navy investments. PT PAL of the country signed a vital cooperation agreement.

ASELSAN Gained New Local Production Capabilities
Turkiye

ASELSAN Gained New Local Production Capabilities

ASELSAN, the Turkish defence company, continues its studies to increase domestic production capabilities on critical components.

Meteksan Delivered the “HUET” Simulator to the Turkish Navy
Turkiye

Meteksan Delivered the “HUET” Simulator to the Turkish Navy

Meteksan Defence completed the Defence Industry Agency’s (SSB) Helicopter Underwater Escape Training (HUET) Simulator Project,

Saab Establishes Carl-Gustaf Manufacturing Facility in India
India Sweden

Saab Establishes Carl-Gustaf Manufacturing Facility in India

Saab will set up a Carl-Gustaf M4 manufacturing facility in India, and the production is expected to start in 2024. The company established Saab FFV India.

TUSAŞ Unveiled its Bird Strike Test Center
Turkiye

TUSAŞ Unveiled its Bird Strike Test Center

TUSAŞ recently completed an aviation testing infrastructure: the bird strike. The company explained the details of the test centre.