Page 7 - ADAS 2024 - DAY 1

Aselsan Focussing on Defence Exports

Turkey’s leading defence manufacturer,
Aselsan, is demonstrating strong growth
with high export prospects, and recently
announced a 133 percent increase in net
profit in the first six months of 2024, as
compared to the same period last year. The
company inked a series of new contracts,
worth approximately US$2.6 billion, an in-
crease of 124 percent as compared to the
same period in 2023. Aselsan’s outstanding
orders now stand at to US$12.3 billion, an
increase of 11 percent as compared to
US$ 11 billion at the end of 2023. Aselan’s
CEO Ahmet Akyol said, “We are raising our
success bar every day with our high growth
performance that is embodied in numbers.”
Aselsan continues to rise up the ranks of
the world’s largest defence industry com-
panies, rising five places this year to 42nd
as compared to 2023, when it ranked 47th
on the Defence News Top 100 list.

“As the leader of our country’s defence in-
dustry, we have achieved many new and im-
portant successes in the first six months of and systems. In the first six months of the first time in Europe. The Reis Class New
2024. We have embodied with our financial 2024, we continued our rise by developing Type Submarine TCG PİRİREİS, features a
data that we are walking towards the future game-changing technologies, making the large number of systems, primarily com-
with confident steps. Our financial results best products in our field, and growing with munication system solutions developed for
show that we have become a world power an export focus,” Akyol added. a submarine platform for the first time by
in technology with our reliable products Aselsan. The extended range firing test of

“As a result of our Aselsan has successfully transitioned into HİSAR O has also proved succesful along
with the destruction of a target using an
a global defence company. “As a result of
hard work, we have our hard work, we have become a global Aselsan TOLUN Ammunition fired from a
Bayraktar AKINCI Unmanned Aerial Vehicle
company that has a presence in a very
become a global wide geography. We have signed export (UAV).
contracts for the first time for eight of our
company that has a products such as KORKUT, CENK, FERSAH, “Within the scope of the aselsanext 2030
ASELFLIR 500, GÖZDE. We have continued
presence in a very our activities to make ASELSAN a global vision that we have implemented, we aim
to be among the top 30 companies in the
wide geography.” brand.” Akyol confidently asserted. defence industry worldwide in 2030,” Akyol
added. “We make all our plans knowing that
Since the beginning of this year, Aselsan we are among the favorite players of the
CEO Aselsan Ahmet Akyol has delivered the Portable Early Warning world defence league. In line with this goal,
Radar System ALP 300-G, which is a very we want to primarily deepen our technology
critical project for Turkey’s fully indepen- as we move towards 2030. We will continue
dent defence ecosystem. Aselsan is now a to expand our export network and develop
company that can produce radars in every technologies that will leave their mark on
frequency band and with the entry of its the world with the offices we have opened
Active Electronically Scanned Array (AESA) in South America, the Balkans and the Gulf
aircraft nose radar the company is able to region.”
meet all of the nation’s needs in the radar
field.
Today, Aselsan produces over 500 products
which are used domestically and abroad.
Aselsan is continuing development work It has a presence in a very wide geogra-
of the GÖKSUR Close Air Defence System, phy from Malaysia to Chile, from Poland
which will play a critical role against all kinds to the UAE and has initiated four major
of aerial threats. It has also showcased investments exceeding 400 million dollars
the 8x8 vehicle-integrated version of the to increase mass production capacity and
KORKUT Air Defence Weapon System for capabilities.

ASIAN DEFENCE & SECURITY (ADAS) 2024 SEPTEMBER-25-2024 7

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