Aselsan signs 1.65 billion euros air defense systems deal

Alexia Bădoiu

ANKARA Aselsan has signed a major agreement with the Secretariat of Defense Industries for the procurement of air defense systems, with a total value of 1.65 billion euros. Deliveries under the contract are scheduled to take place between 2027 and 2031, the defense company said in a filing with Borsa Istanbul The company has maintained strong growth momentum in the first half of 2025, achieving a real revenue increase of 11.3 percent year-on-year to 53.7 billion Turkish Liras. Its profit rose