Investment News

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.

Saab and Embraer Inaugurate the Gripen E Production
Air Investment

Saab and Embraer Inaugurate the Gripen E Production

Saab and Embraer are inaugurating the final assembly line of the Gripen E Fighter Jet at Embraer's plant in Gavião Peixoto, São Paulo State.

U.S. Defence Contractors Want Deeper Cooperation with Taiwan
Investment Bilateral Relations

U.S. Defence Contractors Want Deeper Cooperation with Taiwan

The U.S. wants to be part of the country's defence capabilities and improve its supply chain resilience.

Baykar Invests in Production
Investment

Baykar Invests in Production

Baykar invests in capacity increase by purchasing the unused building of Hürriyet Newspaper.

US Signs $7.2 Billon Javelin Missile Contract
Weapon / Missile Investment

US Signs $7.2 Billon Javelin Missile Contract

The U.S. has awarded the Javelin Joint Venture (JJV) contract to procure Javelin anti-tank guided missile systems. The contract value is $7.2 billion.