Investment News

Turkish Defence Company Altınay Enters the Stock Market
Investment Air Unmanned Systems

Turkish Defence Company Altınay Enters the Stock Market

Altınay Defence Technologies Inc. decided to increase its capital for new investments, strengthening working capital and opening up to global markets.

Ukraine is Set to Produce one Million FPV Drones in 2024
Ammunition Investment Unmanned Systems

Ukraine is Set to Produce one Million FPV Drones in 2024

Ukraine plans to produce one million FPV drones against Russian aggression as the FPVs proved their effectiveness on the battlefield.

Nurol Makina's NMS 4x4 Spotted in Malaysia
Land Investment

Nurol Makina's NMS 4x4 Spotted in Malaysia

Nurol Makina's NMS 4x4 vehicle was spotted during test drives in Malaysia, marking the success of the collaboration between Nurol Makina and Malaysia.

Turkiye and Hungary Deepen Relations with Gidran
Land Investment Bilateral Relations

Turkiye and Hungary Deepen Relations with Gidran

Turkish-Hungarian relations will be strengthened with the partnership established by companies in the defence industry of the two countries.

SSB Signs Deal with ASELSAN for Air Defence Systems
Weapon / Missile Investment

SSB Signs Deal with ASELSAN for Air Defence Systems

It was announced on Public Disclosure Platform (KAP) that a deal was signed between the Turkish Defence Industry Agency (SSB) and ASELSAN.

GCAP Establishes the GIGO for Collaboration
Defence Politics Air Investment

GCAP Establishes the GIGO for Collaboration

Italy, Japan and the U.K. agreed on the next-generation Global Combat Air Programme GCAP in Tokyo, establishing the GIGO.

ARES Continues ARES 35 FPB Construction
Navy / Maritime Investment Homeland Security

ARES Continues ARES 35 FPB Construction

ARES Shipyard will continue to build ARES 35 FPB Multi-Role Patrol Craft for the Turkish Ministry of Interior, Coast Guard Command.

Baykar May Receive Incentive Support
Country Investment Unmanned Systems

Baykar May Receive Incentive Support

Baykar’s unmanned aerial vehicles (UAV) and smart systems test and development centres will be included in project-based incentives.

Two Turkish Defence Companies Unite forces in the U.K.
Land Investment Weapon / Missile Expo and Air Show

Two Turkish Defence Companies Unite forces in the U.K.

A significant stage was recorded within the project scope developed by AEI Systems and UNIROBOTICS in the Nurol Makina partnership.

Celebrating its 25th year, Alp Aviation Hosted Media
Air Investment

Celebrating its 25th year, Alp Aviation Hosted Media

Alp Aviation, a privately owned company invested in Turkish aviation and lean manufacturing practices, carries the experience to both aviation and new areas.

ASELSAN Reaches $ 10 Billion Backlog
Country Investment

ASELSAN Reaches $ 10 Billion Backlog

ASELSAN CEO Ahmet Akyol announced that orders increased along with platform exports and reached a backlog capacity of $ 10 billion for the first time in 2023.

ASELSAN’s Turnover Reaches 32.1 Billion TL
Investment

ASELSAN’s Turnover Reaches 32.1 Billion TL

ASELSAN announced the financial results for the first nine months of 2023. The company’s Turnover grew by 81 per cent compared to last year.

SSB and Tawazun Council Meet in Abu Dhabi
Bilateral Relations Investment

SSB and Tawazun Council Meet in Abu Dhabi

Defence Industry Agency (SSB) and Tawazun Council met for the first time at a Working Group Meeting in Abu Dhabi.

ASELSAN Take over all the Shares of BİTES
Investment Simulator / AI / Drill/ Software

ASELSAN Take over all the Shares of BİTES

ASELSAN, which owns 51 per cent of BİTES shares, purchased the remaining shares and increased its partnership follow-up payment to 100 per cent.