Investment News

France Wants to Exclude Defence Spending from EU Rules
France European Union

France Wants to Exclude Defence Spending from EU Rules

With mounting security worries, France wants to support military expenditures, but it wants its defence spending insulated from the EU's economic policies.

New Agreement on Production of Aviation Battery Cells
Turkiye

New Agreement on Production of Aviation Battery Cells

Turkish Aerospace Industries (TUSAŞ) and ASPİLSAN signed an agreement to develop and manufacture aviation battery cells entirely with domestic capabilities.

ALTAY Main Battle Tank Delivery Schedule Announced
Turkiye

ALTAY Main Battle Tank Delivery Schedule Announced

Haluk Görgün, the Secretary of Defence Industries, has revealed the delivery timetable for serial manufacturing of ALTAY, the next-generation MBT for Türkiye,

ASELSAN Provides BMC’s New ACV’s Electronics
Turkiye

ASELSAN Provides BMC’s New ACV’s Electronics

ASELSAN informed the Public Disclosure Platform that it signed an agreement with BMC to procure some electronic systems for the use of Turkish Land Forces.

Repkon to Share Defence Industry Technology with Germany
Germany Turkiye

Repkon to Share Defence Industry Technology with Germany

Germany will use Turkiye's defence industry knowledge to increase its capability to produce 155mm artillery ammunition.

Baykar Chooses Morocco as the Next Location for Production
Morocco Turkiye

Baykar Chooses Morocco as the Next Location for Production

Following the ventures for production in Azerbaijan, Ukraine, and Mongolia, Baykar has picked Morocco as the next production location outside of Turkiye.

Piaggio and Baykar Sign Preliminary Contract for Transfers
Italy Turkiye

Piaggio and Baykar Sign Preliminary Contract for Transfers

Italian aerospace firm Piaggio, recently acquired by Baykar, announced that a preliminary contract was signed to transfer business complexes.

Aksaz Prepares for Reis Class Submarines and TCG Anadolu
Turkiye

Aksaz Prepares for Reis Class Submarines and TCG Anadolu

The Turkish Navy invests in the infrastructure of Aksaz Naval Base. After the investment of 350 million euros, TCG Anadolu and AIP Submarines will use the base.

ASELSAN signs a contract with STM valuing EUR 36.7 Million
Turkiye

ASELSAN signs a contract with STM valuing EUR 36.7 Million

ASELSAN informed Public Disclosure Platform (KAP) that it signed an agreement with STM valuing EUR 36.7 Million. The deliveries will be made between 2025-2028.

Baykar to Establish TB2 Production Facility in Mongolia
Turkiye Mongolia

Baykar to Establish TB2 Production Facility in Mongolia

According to a report by Kyrgyzstan-based Akipress, Baykar is planning to set up a production facility for TB2 UAVs in Mongolia near the capital, Ulaanbaatar.

ASELSAN Announced the Production at Radar Integration Centre
Turkiye

ASELSAN Announced the Production at Radar Integration Centre

ASELSAN informed KAP that it started serial production at its new Radar Integration Centre. The centre will enhance ASELSAN’s design, testing capacity too.

FNSS Signes $3.448.800 Contract with SDT for Defence Systems
Turkiye

FNSS Signes $3.448.800 Contract with SDT for Defence Systems

SDT informed the Public Disclosure Platform (KAP) that it signed a contract with Turkish armoured vehicle manufacturer FNSS in defence systems.

Urso:Piaggio Aerospace’s Sale is an Opportunity with Turkiye
Italy Turkiye

Urso:Piaggio Aerospace’s Sale is an Opportunity with Turkiye

Minister of Enterprise and Made in Italy Adolfo Urso, states that the sale of Piaggio Aerospace to Baykar brings cooperation opportunities with Turkiye.

Titra Receives Investment and Signs Contract with AselsanNET
Turkiye

Titra Receives Investment and Signs Contract with AselsanNET

PASİFİK TEKNOLOJİ A.Ş.’s Titra company announced in two separate statements to the KAP that it received investment and signed a contract with AselsanNET.