Investment News

SDT Acquires Cey Defence
Investment

SDT Acquires Cey Defence

SDT Company bought all the shares of Cey Defence for 4 million TL. SDT announced the takeover from KAP.

Raytheon Asks Retirees’ Assistance to Restart Stinger Production
Weapon / Missile Investment Country

Raytheon Asks Retirees’ Assistance to Restart Stinger Production

Raytheon will restart Stinger production, but the younger generation has to learn the production system from retired ones.

UAE Delegation Visits Turkiye to Invest in Defence Industry
Investment Bilateral Relations Expo and Air Show

UAE Delegation Visits Turkiye to Invest in Defence Industry

A delegation from the UAE visits Turkiye. The delegation will evaluate investment opportunities in various fields, especially in the defence industry.

İsmail Demir Bid Farewell to His Colleagues
Country Investment

İsmail Demir Bid Farewell to His Colleagues

Professor İsmail Demir, who presided over SSB for over nine years, said goodbye to SSB and was appointed Kardemir. Which projects did Demir undertake at SSB?

TÜBİTAK SAGE and Excalibur Army to Cooperate on KUZGUN
Expo and Air Show Investment

TÜBİTAK SAGE and Excalibur Army to Cooperate on KUZGUN

TÜBİTAK SAGE signed an MoU with Excalibur Army, focussing on KUZGUN-guided modular ammunition for developing and producing land weapons systems.

CANiK Initiates Headquarter Investment
Weapon / Missile Investment

CANiK Initiates Headquarter Investment

CANİK held a groundbreaking ceremony for its headquarters and CANiK ACADEMY, which will host approximately 4,000 visitors from Turkiye and abroad.

ASELSAN Signs New Export Deal
Investment

ASELSAN Signs New Export Deal

ASELSAN signed an export contract of 9 million 456 thousand dollars with an international customer.

ASELSAN’s Credit Rating: AAA and Stable
Investment

ASELSAN’s Credit Rating: AAA and Stable

ASELSAN’s credit evaluation is announced on Public Disclosure Platform. JCR Eurasia Rating affirmed the rating as AAA.

ASPİLSAN’s Lithium Ion Battery Accredited in Europe
Investment

ASPİLSAN’s Lithium Ion Battery Accredited in Europe

Establishing Turkiye’s first lithium-ion battery production facility, ASPİLSAN completed the European accreditation of INR18650A28 cylindrical battery cell.

Greece’s Storm Shadow / SCALP to Rely on MBDA
Weapon / Missile Investment

Greece’s Storm Shadow / SCALP to Rely on MBDA

MBDA announced that it would perform the mid-life refurbishment of Greece’s Storm Shadow / SCALP missiles.

Naval Group establishes Naval Group Hellas in Greece
Investment Navy / Maritime

Naval Group establishes Naval Group Hellas in Greece

The French Naval Group Hellas subsidiary in Greece announced at the end of 2022, is now officially established.

ASELSAN TUSAŞ to Cooperate in E/W and Radar
E/W Sensors Investment

ASELSAN TUSAŞ to Cooperate in E/W and Radar

ASELSAN and TUSAŞ Business Partnership and the Defence Industry Agency signed a contract to supply Radar and Electronic Warfare Systems.

IAI Buys Greek Intracom Defence
Investment

IAI Buys Greek Intracom Defence

IAI signed a deal to acquire Greek defence company Intracom Defence (IDE). IDE will be integrated into IAI’s business activities in Greece and Europe.

ROK to Double FA-50 Fighting Eagle Production
Air Investment

ROK to Double FA-50 Fighting Eagle Production

In 2024, KAI intends to increase FA-50 Fighting Eagle Light Fighter Jet production by doubling its production lines.