Investment News

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.

Nurol Teknoloji Buys Majority Stakes of German IKH
Investment

Nurol Teknoloji Buys Majority Stakes of German IKH

The Turkish defence company Nurol Teknoloji has acquired a majority stake in the German ceramic raw material manufacturer Industrie Keramik Hochrhein (IKH).

France Invests $ 13.3 Billion on FCAS and Rafale Until 2035
Air Investment Unmanned Systems

France Invests $ 13.3 Billion on FCAS and Rafale Until 2035

According to La Tribune, France is investing a total of € 13.3 billion in the development of the Future Air Combat System (FCAS) and Rafale until 2035.

SAHA-EDGE Defence Industry Meeting was Held in Ankara
Investment Bilateral Relations

SAHA-EDGE Defence Industry Meeting was Held in Ankara

The SAHA-EDGE Defence Industry Summit, organized jointly by SAHA Istanbul and EDGE from the United Arab Emirates, was held in Ankara.

Türkiye Offers ANKA UCAV to the Argentine Armed Forces
Bilateral Relations Unmanned Systems Investment

Türkiye Offers ANKA UCAV to the Argentine Armed Forces

Turkish Aerospace (TUSAŞ) presented the ANKA UCAV to Argentinian Defence Ministry and Military officials at meetings in Buenos Aires last week.

Aselsan and Roketsan Sign Agreement
Country Investment

Aselsan and Roketsan Sign Agreement

Aselsan and Roketsan signed an agreement regarding Communication Systems, Seeker Systems and Fire Control Systems.

Dendias: Greece to Invest in Defence Industry
Defence Politics Investment

Dendias: Greece to Invest in Defence Industry

Greek Defence Minister Dendias states they will continue accelerating equipment programmes and investing in the defence industry.

Germany Towards Supporting Financing Defence Programmes
Investment

Germany Towards Supporting Financing Defence Programmes

Germany is getting closer to supporting the French proposal to finance European Union Countries’ defence and armament programs.

European Union Invests in Electromagnetic Railgun
Weapon / Missile Investment

European Union Invests in Electromagnetic Railgun

Franoc-German Research Institute of Saint-Louis (ISL) states that the research on innovative electromagnetic railgun (EMRG) exceeds expectations.

SSB Investigates New Counter-IED Methods
Investment

SSB Investigates New Counter-IED Methods

Defence Industry Agency organised the Counter-IED Conference to initiate a series of new studies to combat IEDs.

FNSS Emphasises the Importance of R&D
Investment Country

FNSS Emphasises the Importance of R&D

FNSS ranked 17th among the 250 largest companies according to R&D expenditures in 2022.