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All-time High: Aselsan Closed 2024 with Over US$1 Billion in Export Deals

Our Bureau - : Feb 3, 2025 - : 10:35 pm

Aselsan, Türkiye’s leading defense company, signed export contracts worth over 1 billion USD in 2024, a record high figure in its history. The company also expanded its global footprint with the opening of new offices worldwide, steadily advancing toward its ambitious 2030 goals.

Direct exports doubled compared to the previous year, reaching US$217 million, while indirect exports through land, naval, and air platforms totaled US$291 million, leading to an overall export volume of US$508 million.

In 2024, the company signed contracts with seven countries for the first time, bringing the
total number of countries that trust Aselsan technology to 92. In addition, 31 products
were exported for the first time, including ASELFLIR-500 camera, GÖZDE and KGK guidance kits, CENK naval radars, and FERSAH anti-submarine sonar. The electro optical system ASELFLIR-500, notable for its superior performance on UAVs, was sold to 16 countries in its first production year.

New offices opened in six different countries in 2024 have expanded Aselsan’s global
presence to 20 countries. By supplying the Ku-Band and X-Band LOCUS communication payloads for Türkiye's first domestic communication satellite, TÜRKSAT-6A, the company has become capable of providing communication solutions to all platforms, from the depths of the sea to the depths of space.

2024 was a remarkable year for Aselsan in terms of new orders and deliveries domestically and internationally, said Aselsan President & CEO Ahmet Akyol. "We became one of the 10 fastest-growing defence companies in the world, climbing five places in the Defense News Top 100 list. I see all these achievements as the result of the dedicated work of our young and talented workforce and want to thank each of them for being a part of this amazing team.

"Looking ahead to 2025, our 50th anniversary, Aselsan has higher goals to reach in sight, with the motivation to build on the achievements of 2024. We will continue to produce the highest technologies with the most qualified capabilities and the fastest processes, and present them to the world in frame of our strategic vision for 2030, which we call aselsaneXt2030. I strongly believe we will continue to deliver innovative, mission-focused solutions for our customers, while setting new standards for operational efficiency and technological leadership in the defence industrial base,” Akyol said,

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