ASELSAN Maintains Defense Records
The article discusses the performance of the Turkish defense industry company, Aselsan, during the first half of 2026. The company achieved sales worth 88.5 billion Turkish Lira (approximately $1.88 billion), reflecting a 25% increase compared to the same period last year. New contracts rose by 72%, reaching $4.9 billion, while backlog orders grew by 45% to $23.2 billion, indicating the sustainability of its growth strategy. For the year 2025, sales totaled around 180.4 billion Lira (about $4.1 billion), and the company made its debut on the Istanbul Stock Exchange with a market value exceeding $30 billion. This strong performance is attributed to demand for its advanced defense systems such as radar, electronic warfare, and urban security AI systems, which were among the main sources of revenue during the period. The company is aiming to strengthen its global position through ongoing investments and the development of advanced technologies to meet both domestic and international defense needs.
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