Girasun’s GIRSAN sets up logistics hub in the United States
Turkish firearms maker establishes GIRSAN USA in Florida to expand distribution across the Americas, with future plans for assembly lines and production.
Investment News
ASELSAN Signs Record-Breaking Export Contracts
ASELSAN’s H1 2025 results show a 30% surge in backlog and $1.3B in new export deals, as the Turkish defence giant hits all-time highs in revenue and orders.
Otokar Boosts Vehicle Sales by 53 Percent in H1 2025
Otokar increased its vehicle sales to 3,430 units in the first half of 2025, driven by strong domestic and global demand, including major defence exports.
Leonardo Acquires Iveco Defence Vehicles for €1.7 billion
Italy’s Leonardo is going to purchase IDV, the military subsidiary of Iveco Group, for €1.7 billion. This would enlarge Leonardo's ground systems portfolio.
Leonardo and EDGE Group Sign MoU for Joint Venture
Italian Leonardo and UAE-based EDGE Group signed a Memorandum of Understanding to form a joint venture to cooperate in various areas including air defence.
Russia Offers Su‑57 Source Codes to India in Strategic Bid
Russia proposes full source code access to Su‑57E for India’s MRFA tender, surpassing Western rivals with unprecedented transparency and technology transfer.
Tata to Build Rafale Fuselages in India with Dassault
Dassault and Tata signed a deal to manufacture Rafale fighter fuselage in Hyderabad. For the first time, Rafale parts will be manufactured outside of France.
Contradiction Between Objective and Method in SAFE Project
When looking at its aims, how it plans to use its resources, and how likely it is to work, the EU's SAFE seems to be influenced by political aspirations.
Assan Group Expands Global Reach with Dynaflow Acquisition
Assan Group has acquired South African defence firm Dynaflow Technologies, gaining access to fuze technologies and expanding its international presence.
ASELSAN and BMC sign a new Deal valued at USD 55.664.000
ASELSAN and BMC Defence signed a new agreement with a total value of USD 55.664.000 for the payloads of land vehicles. The agreement is announced at KAP.
Romania’s Cobra II 4x4 Vehicles Set for Delivery in 2025
Otokar will deliver the first batch of the Cobra II 4x4 vehicles produced in Turkiye to Romania in the fourth quarter of 2025, following the large-scale order.
Otokar’s JV Marks Export Record for Armoured Vehicles
Otokar has established a joint venture with Romania’s Automecanica S.A. to manufacture COBRA II vehicles, marking Turkiye’s largest armoured export deal.
BAE Systems Advances UK Ammo with Synthetic Propellants
BAE Systems has announced the synthetic propellant and explosive production to enhance the UK’s ammunition manufacturing resilience amid rising global demand.
Belgium Seeks to Shift Future F-35A Assembly from US to Italy
Citing economic returns and strategic autonomy objectives, Belgium suggests moving the manufacture of more F-35As to Italy’s FACO site.
