Investment News

The U.S. Navy Announces Plans For Munition Acquisitions
Weapon / Missile Investment

The U.S. Navy Announces Plans For Munition Acquisitions

In the announced plan for FY24, USN and USMC are set to acquire some of the new weapon systems, such as the CPS hypersonic missile and JASSM-ER cruise missile.

Baykar and Azerbaijani MoD Ink R&D and Production Deal
Investment Unmanned Systems

Baykar and Azerbaijani MoD Ink R&D and Production Deal

Baykar announced that it has signed a deal for joint research, development, and production with the Azerbaijani Ministry of Defence.

U.S. Opens a New Page on Defence Industry with Turkiye
Air Investment Ammunition Modernisation

U.S. Opens a New Page on Defence Industry with Turkiye

After the Turkish veto on Sweden’s NATO membership was lifted, U.S. officials showed interest in deepening U.S.-Turkiye defence industry relations.

ASELSAN Signs Contract with SSB
Investment Weapon / Missile

ASELSAN Signs Contract with SSB

ASELSAN has signed a contract with the Defence Industry Agency (SSB) to procure procurement of Close-In Weapon Systems.

Pasifik Teknoloji Acquires Majority Stake in TİTRA
Investment Unmanned Systems

Pasifik Teknoloji Acquires Majority Stake in TİTRA

Public Disclosure Platform announced that Turkish software and electronics firm Pasifik Teknoloji has acquired 51 per cent of TİTRA’s stakes.

ASELSAN Signs a New Export Contract
Investment

ASELSAN Signs a New Export Contract

ASELSAN has informed the Public Disclosure Platform (KAP) about a new export agreement valued at $ 12.089.000.

Italy to Localise Its Future Leopard 2A8 MBTs
Land Investment

Italy to Localise Its Future Leopard 2A8 MBTs

Leonardo will integrate Italian-made components into the German Leopard 2A8 main battle tanks that Italy will acquire.

İkinci: Roketsan Invests in Serial Production
Space Expo and Air Show Weapon / Missile Investment

İkinci: Roketsan Invests in Serial Production

Roketsan General Manager Murat İkinci stated that serial production contracts are coming gradually, and serial production has already started.

U.K.’s Defence Spending at Increase
Country Investment

U.K.’s Defence Spending at Increase

The U.K. Defence Ministry has revealed that Britain has spent more than £25.0 billion on defence, according to official 2022/2023 statistics.

A Brief Look At New Land Missiles of Turkiye
Weapon / Missile Investment

A Brief Look At New Land Missiles of Turkiye

A contract for the serial production of KARAOK anti-tank missile, TAYFUN ballistic missile, SUNGUR MANPADS, and TRG-230 artillery rocket was signed.

ASELSAN, STM and ASFAT Sign a New Agreement
Investment Modernisation Navy / Maritime

ASELSAN, STM and ASFAT Sign a New Agreement

ASELSAN signed a new agreement with STM Defence and ASFAT Inc. to supply a submarine modernisation programme.

ASELSAN Opens Office in UAE
Bilateral Relations Investment

ASELSAN Opens Office in UAE

ASELSAN has opened the ASELSAN UAE Office to reach its existing and potential collaborations in the United Arab Emirates and the Gulf region.

India and France Agree to Produce Defence Equipment
Investment Bilateral Relations

India and France Agree to Produce Defence Equipment

India and France agreed to co-produce defence equipment. The decision came following the French President's meeting with the Indian Prime Minister.

A New Export Contract from ASELSAN
Investment Navy / Maritime

A New Export Contract from ASELSAN

ASELSAN informed the Public Disclosure Platform (KAP) that it signed a new export contract. The country name is not shared.