Investment News

Baykar Invests in capacity increase to produce more
Turkiye

Baykar Invests in capacity increase to produce more

Baykar invests in capacity increase by purchasing the unused building of Hürriyet Newspaper. Baykar said they purchased the factory facilities in Hadımköy.

US Signs $7.2 Billon Javelin Missile Contract
USA

US Signs $7.2 Billon Javelin Missile Contract

The U.S. has awarded the Javelin Joint Venture (JJV) contract to procure Javelin anti-tank guided missile systems. The contract value is $7.2 billion.

EU to Fund up to €80 million for Greek Ammunition
Greece European Union

EU to Fund up to €80 million for Greek Ammunition

Hellenic Defence Systems plans to increase ammunition production to meet needs created by the Ukraine war. The Country is looking for funds.

SSB Holds Defence Industry GHOST Workshop
Turkiye

SSB Holds Defence Industry GHOST Workshop

SSB holds a workshop to discuss technologies that will shape future operational environments called GHOST in order to prepare itself for the 2050s.

CANiK Extended to Three Continents

CANiK Extended to Three Continents

Turkish arms manufacturer CANiK became a defence company operating on three continents by acquiring British company AEI Systems.

AEROS Will Provide Consultancy to Test Procedure
Turkiye

AEROS Will Provide Consultancy to Test Procedure

A cooperation and solution partnership agreement was signed between TRTEST, AEROS company which provides aviation engineering services based in Ankara.

Baykar Established an AI Robot R&D Company in Azerbaijan
Turkiye Azerbaijan

Baykar Established an AI Robot R&D Company in Azerbaijan

Baykar Chairman Selçuk Bayraktar visited Azerbaijan President Ilham Aliyev to give information about the “Bayraktar Technology Azerbaijan” company.

Alpha UAV Maker Completes First Round of Investment
Spain

Alpha UAV Maker Completes First Round of Investment

The Spanish company Alpha Unmanned Systems (AUS), announces closing its first seed round of external investment capital.

Biden Summons Defence Production Act
USA Canada

Biden Summons Defence Production Act

Biden, who visited Canadian Prime Minister Justin Trudeau, introduced the Defence Production Act on Monday to spend $50 million.

Bayraktar Akıncı Exhibited at NAVDEX
United Arab Emirates Turkiye

Bayraktar Akıncı Exhibited at NAVDEX

IDEX and NAVDEX were held simultaneously in Abu Dhabi, the capital of the United Arab Emirates (UAE).

Paramount Unveils new Brand at IDEX 2023
United Arab Emirates South Africa

Paramount Unveils new Brand at IDEX 2023

Paramount Company introduces a new logo of its brand at the International Defence Expo, IDEX 2023.

Aspilsan Exported Cylindrical Lithium-Ion Batteries
Turkiye

Aspilsan Exported Cylindrical Lithium-Ion Batteries

Kayseri-based Aspilsan Energy started mass production of Aspilsan INR18650A28 Li-ion batteries in the third quarter.

Swiss Federal Council Invests More in Armed Forces
Switzerland

Swiss Federal Council Invests More in Armed Forces

At its meeting on February 15th, 2023, the Swiss Federal Council approved the Despatch on Army 2023. The decision was issued on February 15th.

DARPA Selects Aurora for Phase 2 of Active Flow Control
USA

DARPA Selects Aurora for Phase 2 of Active Flow Control

DARPA enters a new phase in creating an aircraft with no exterior moving parts with Aurora Flight Sciences. DARPA Selects it for Phase 2 of Active Flow Control.