Turkey’s $37 Billion Defense Firm Says Foreign Orders Doubled

🇹🇷 Bloomberg (TR) —

AI Summary

Turkey's state-run defense firm Aselsan has reported a doubling of its foreign orders in the past year, driven by increased demand linked to the conflicts in Ukraine and the Middle East. This growth highlights the firm's rising role in the global defense market.

Turkey’s $37 billion state-run defense contractor Aselsan Elektronik Sanayi ve Ticaret AS said international orders have doubled in the past year on the back of demand fueled by the conflicts in Ukraine and the Middle East.

World Security Conflict Politics Markets Deals Turkey Aselsan defense orders Ukraine conflict Middle East state-run firm foreign demand

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