ASELSAN'S CONTRACT BOOM PEAKS
Borsa Istanbul’s most valuable company since the first half of 2025, Aselsan has agreed a set of record-breaking contracts in recent months.
Analysis
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Borsa Istanbul’s most valuable company since the first half of 2025, Aselsan has agreed a set of record-breaking contracts in recent months.
Aselsan will establish a new factory in Eskişehir to start manufacturing ceramic radomes used in missile systems.
Conflicts in the Strait of Hormuz and the naval warfare in the Black Sea have underscored the critical importance of mine countermeasures.
A Qatari Air Force helicopter crashed into the sea, killing a Turkish air defense major, two Aselsan technicians, and four Qatari crew members. Questions remain unanswered, including the type of helicopter, the exact time when it crashed and the site of the crash.
Aselsan, the flagship defense contractor, is moving its anti-drone system Ejderha (Dragon) into production, adding to elements of the planned Steel Dome missile shield.
Aselsan’s Low-Observable Electro-Optical Targeting System (EOTS), known as Toygun, has been integrated into the fuselage of a Bayraktar Kızılelma, marking the first time globally that embedded EOTS technology has been implemented on an unmanned fighter aircraft, aviation company Baykar said.
Aselsan has completed modernization work on its Koral Ground-Based Electronic Support and Electronic Attack system, which has been in service with the Turkish Armed Forces since 2016.
Aselsan delivered 47 vehicles for the Steel Dome air defense system at a ceremony attended by President Recep Tayyip Erdoğan.
ASELSAN, which led Borsa Istanbul (BIST) in trading volume in April, closed the first half of 2025 as the exchange’s most valuable company.