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Aselsan signs USD 78.5 million air defense contract

Aselsan has signed an export contract worth USD 78.5 million for air defense systems aimed at an international customer.

Aselsan signs USD 78.5 million air defense contract

ASELSAN announced in a statement published on the Public Disclosure Platform (KAP) that it has signed an export contract worth a total of USD 78.5 million for direct sales of air defense systems to an international customer.

The details of the contract and the delivery schedule were described as a milestone that will contribute to the company’s financial statements in the upcoming period.

About

ASELSAN (affiliated with the Presidency of Defense Industries of the Republic of Türkiye) is known as one of Türkiye’s leading defense shareholders. Founded in 1975, ASELSAN develops and manufactures products in the fields of communication, electromechanical and electro-optical systems, radars, flight and guidance technologies, weapon systems, and defense electronics. The company makes significant investments in R&D in line with national security and national independence goals and offers competitive solutions in global markets. Strengthening the domestic supply chain, increasing the share of local production, and maintaining technological independence are among ASELSAN’s main focuses. The company plays a critical role in public and defense industry projects; it provides technology transfer and integration services in radar and communication systems, security, and defense electronics to both domestic and international customers.

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