Investment News

3D Printing Era at TF-X
Turkiye

3D Printing Era at TF-X

TUSAŞ have signed a cooperation agreement that will lead to the 3D printing of Turkish Fighter with Additive Manufacturing Group “FIT AG”.

Israeli Elbit Acquires Rokar at 31 million USD from BAE
Israel

Israeli Elbit Acquires Rokar at 31 million USD from BAE

Elbit Systems announced the acquisition of BAE Systems Rokar from BAE Systems, Inc., the U.S. headquartered subsidiary of BAE for approximately $31 million.

Thrust Vector Control Solution from Roketsan
Turkiye

Thrust Vector Control Solution from Roketsan

Roketsan company works on sending a probe to space. Roketsan, director for Advanced Technologies, Bülent Semerci, explained the most recent works at Roketsan.

New Round on Motor Sich
USA China Ukraine

New Round on Motor Sich

Security Service of Ukraine (SBU) announced the Shevchenkivskyi District Court of Kyiv seized property and 100% of Motor Sich shares.

Change of Flag at KoçSavunma
Turkiye

Change of Flag at KoçSavunma

KoçSavunma Technology and Engineering Management Group Manager Hakan Öktem has been appointed as Defence Technologies Managing Director.

US Top Lawmaker Calls F-35’ Rathole,’
USA

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.

IDEF on May, as planned

IDEF on May, as planned

IDEF’21 15th International Defence Industry Fair will be held at TUYAP Fair Convention and Congress Centre between 25-28 May 2021 as it was planned.

ASPILSAN’s Ni-Cd Battery for Railway
Turkiye

ASPILSAN’s Ni-Cd Battery for Railway

ASPILSAN Energy’s Ni-Cd type batteries are installed into the railway system. The batteries will power up the railway system in Samsun Metropol.

New Player on Nuclear Energy: Meteksan Defence
Russia Turkiye

New Player on Nuclear Energy: Meteksan Defence

Meteksan Savunma won an Akkuyu Nuclear Power Plant tender and achieved a chance to transfer its capabilities in the defence industry to the civil area.

Turkish Defence Industry’s New Target: Overcoming Embargos
USA Azerbaijan Armenia Canada Russia Turkiye

Turkish Defence Industry’s New Target: Overcoming Embargos

The SSİK, chaired by President Recep Tayyip Erdoğan, reviewed new systems for the armed forces, focusing on reducing external dependency and embargo risks.

TRTEST will Test ASELSAN Products
Turkiye

TRTEST will Test ASELSAN Products

ASELSAN will benefit from the services of TRTEST in the testing and verification activities of components used in systems developed nationally and domestically.

“Call of Duty” from ASELSAN
USA United Kingdom Netherlands Turkiye

“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
Turkiye

ASELSAN Reached the Highest Revenue and Profitability

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
Turkiye

ASELSAN on Health Mission

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