Investment News

ASELSAN Signs $139.2 Million Worth Agreement with SSB
Turkiye

ASELSAN Signs $139.2 Million Worth Agreement with SSB

ASELSAN Company informed the Public Disclosure Platform (KAP) that it has signed a $139.2 Million agreement with the Secretariat of Defence Industries (SSB).

ASELSAN Signs EUR 210.1 Million Contract for OPV
Turkiye

ASELSAN Signs EUR 210.1 Million Contract for OPV

ASELSAN signed a contract with DEARSAN-DESAN-ÖZATA Business Partnership for valuing EUR 210.1 Million for naval platforms. ASELSAN made the statement to KAP.

ASELSAN Informs KAP of Structural Change at the Company
Turkiye

ASELSAN Informs KAP of Structural Change at the Company

ASELSAN has gone through some structural changes. The company informed the Public Disclosure Platform (KAP) about the new organisation and management.

DASAL to Develop a new UAV for an Undisclosed Customer
Turkiye

DASAL to Develop a new UAV for an Undisclosed Customer

DASAL has signed a development project totaling $ 2,713,051.00 within the scope of unmanned aerial vehicle (UAV) systems development and supply projects.

MKE Commits to a Big Raw Material Investment in Samsun
Turkiye

MKE Commits to a Big Raw Material Investment in Samsun

AKP Samsun Deputy Dr Mehmet Muş announced the transfer of the Çarşamba Sugar Factory land and real estate to the Ministry of National Defence for MKE.

Otokar Establishes its First Europe Factory in Romania
Romania Turkiye

Otokar Establishes its First Europe Factory in Romania

Otokar will have achieved a milestone with the first factory in Europe for Romania’s large-scale order for 1059 Cobra II 4x4 tactical wheeled armoured vehicles.

Turkish Defence R&D Expenditures Have the Biggest Share
Turkiye

Turkish Defence R&D Expenditures Have the Biggest Share

According to the SER Academy’s “The Turkiye 2024 R&D and Innovation Report”, the Turkish defence industry has the highest share of public R&D expenditures.

Baykar Becomes the New Owner of Italian Piaggio Aerospace
Italy Turkiye

Baykar Becomes the New Owner of Italian Piaggio Aerospace

Baykar Makina became the new owner of Italian Piaggio Aerospace following the approval of Italy’s Ministry of Enterprises and Made in Italy.

ASELSAN Completes Electro-Optic FLIR Production Facility
Turkiye

ASELSAN Completes Electro-Optic FLIR Production Facility

ASELSAN informed the Public Disclosure Platform (KAP) that it completed its Electro-Optic FLIR Production Facility with an investment of $ 40 million.

ASELSAN and TUSAŞ Sign a new Agreement
Turkiye

ASELSAN and TUSAŞ Sign a new Agreement

ASELSAN and TUSAŞ signed a new agreement regarding Avionics, Communication, Radar, electronic warfare, Electro-Optic, Navigation and Guidance systems.

Kale Jet Develops New Biga Jet Engine
Turkiye

Kale Jet Develops New Biga Jet Engine

A new jet engine project named Biga appeared in Kale Jet Engines’ capital Markets Board (CMB) application document.

ASELSAN Announces New Export Contract
Turkiye

ASELSAN Announces New Export Contract

Aselsan informed Public Disclosure Platform (KAP) about new export contract. The export includes electronic warfare products.

Kale Jet Engines to be Listed on the Stock Exchange
Turkiye

Kale Jet Engines to be Listed on the Stock Exchange

Kale Group’s Kale Jet Engines will be offered to the public for new investments. The company has completed its CMB application.

ASELSAN Signs Contracts with HAVELSAN and TUSAŞ
Turkiye

ASELSAN Signs Contracts with HAVELSAN and TUSAŞ

ASELSAN signed agreements with HAVELSAN and TUSAŞ to procure Identification Friend or Foe, Navigation, and Communication Systems.