Leonardo acquires Iveco defence business in €1.7bn deal
Leonardo has completed the €1.7 billion acquisition of Iveco, expanding into land systems as consolidation accelerates across Europe’s defence industry.
Investment News
Altınay raises authorised capital ceiling to TL 5bn
Altınay increases its capital ceiling fivefold to TL 5bn following a board decision aimed at supporting future investments in defence and aerospace programmes.
ASELSAN secures $166m guidance and EO system deals
ASELSAN has signed two new contracts worth $166.45 million covering guidance systems for Türkiye and electro-optic payloads for export-oriented platforms.
Romanian court suspends €46m penalty claim against Otokar
A Romanian court has ordered the suspension of enforcement for a €46 million penalty claim against Otokar under the COBRA II armoured vehicle programme.
Production begins for KAAN weapon release subsystem
Subsystems of the KAAN programme are moving from the design stage to production as the aircraft progresses toward system integration and testing phases.
Ukraine Establishes UGV Production Line with Finland
Ukrainian UGV manufacturer Tencore has signed an MoU with Finnish firm Insta to produce the TerMIT UGV in Finland jointly, setting up a safer production line.
ASELSAN profit rises sharply as backlog and exports expand
ASELSAN reported 2025 growth in revenue, exports, and backlog, while audited filings show net profit rose nearly 50%, not highlighted in corporate summaries.
HAVELSAN’s SANCAR USV Enters Turkish Navy Inventory
SANCAR USV has entered the Turkish Navy’s inventory with a ceremony, also hosting the expansion of the combat management systems facility with a new building.
Empa Elektronik IPO approved with defence programme ties
Technology supplier to KAAN, HÜRJET and Altay programmes, Empa received approval for its IPO, highlighting its place in Türkiye’s defence supply chain.
Otokar Hit with Romania Penalty, Eyes EU Production
Romania imposed a new penalty over Cobra II delays, while Otokar moves ahead with local production and positions investment as its European manufacturing hub.
Hanwha Breaks Ground on K9 and K10 Plant in Romania
Hanwha Aerospace has broken ground on a new armoured vehicle production facility in Petrești, Dâmbovița County, localising K9 and K10 systems in Europe.
Patria begins final assembly of F135 engines in Finland
Patria and Pratt & Whitney have launched final assembly for F135 engines, marking a key industrial milestone as Helsinki prepares to induct the F-35A.
ARES Shipyards Launches New Subsidiary in Saudi Arabia
ARES Shipyards announced the launch of its Saudi Arabia-based subsidiary, ARES Naval, to develop and build manned/unmanned naval platforms in the Gulf country.
Erdoğan’s Statement and WDS Signal a New Partner for KAAN
TUSAŞ displayed the KAAN fighter jet with Saudi livery at WDS, shortly after the Turkish President Erdoğan’s statement on cooperation with Saudi Arabia.
Global Defence Trend Brief
- 15:00 NATO allies to acquire Triton drones for strategic ISR - NATO allies signed a letter of intent to acquire up to five Northrop Grumman MQ-4C Triton high-altit...
- 15:00 NATO confirms Saab GlobalEye as next-generation AWACS successor - NATO selected Saab GlobalEye to replace its ageing E-3A AWACS fleet, marking a major shift toward a...
- 15:00 Canada selects TKMS for largest defence procurement in its history - Canada chose Germany's TKMS to supply up to 12 conventionally powered submarines, strengthening Arct...
- 15:00 NATO defence forum prioritises industrial deterrence - The NATO Defence Industry Forum in Ankara focused on transatlantic co-production, rapid adoption of...
- 15:00 Counter-drone investment continues to accelerate globally - Military organisations are expanding procurement of layered counter-UAS architectures combining rada...
- 15:00 Hypersonic threats sustain investment in persistent tracking - Defence agencies continue expanding integrated radar and space-based sensor architectures capable of...
- 15:00 Autonomous maritime systems broaden infrastructure protection role - Navies are increasing deployment of autonomous surface and underwater vehicles to monitor undersea c...
- 15:00 Distributed satellite constellations become the preferred military model - Armed forces are increasingly adopting proliferated constellations of smaller satellites to improve...
- 15:00 Collaborative combat aircraft enter procurement phase - Air forces are transitioning collaborative combat aircraft programmes from demonstration activities...
- 15:00 Production capacity becomes a strategic defence capability - Governments increasingly regard manufacturing scalability, delivery speed and secure supply chains a...
- 12:00 France opens door to SAMP/T sale for Türkiye - Reuters reported that France has softened its long-standing opposition to a possible sale of the Fra...
- 12:00 Financial Times: Europe increasingly turns to Turkish defence industry - The Financial Times reported that Europe's rearmament is creating significant opportunities for Turk...
- 12:00 Reuters: Türkiye seeks to double defence exports - Reuters reported that Türkiye aims to double defence exports within two years after reaching approxi...
- 12:00 Breaking Defense: Turkish industry focuses on autonomous warfare - Breaking Defense reported that Turkish defence companies are increasingly concentrating on autonomou...
- 12:00 Reuters: ASELSAN ramps up Steel Dome production - Reuters reported that ASELSAN plans to increase deliveries for Türkiye's Steel Dome integrated air-d...
- 12:00 Czech firms deepen defence cooperation with Türkiye - The Czech Ministry of Foreign Affairs reported that Czech defence companies visited Ankara for the f...
- 12:00 USNI analyses Türkiye's defence-industrial transformation - USNI News examined how exercises such as EFES 2026 demonstrate the link between Türkiye's operationa...
- 12:00 French study identifies Türkiye as a rising European supplier - The Fondation pour la Recherche Stratégique concluded that Türkiye has become one of Europe's fastes...
- 12:00 The National: Turkish arms firms see export demand surge - The National reported that Turkish defence companies continue to benefit from strong international d...
- 12:00 Foreign media continue tracking KAAN and Steel Dome programmes - International defence publications continue to follow the KAAN fighter programme, Steel Dome air-def...
- 09:00 NATO unveils major defence contracts at Ankara Summit - NATO and allied governments announced defence contracts worth tens of billions of dollars during the...
- 09:00 NATO selects Saab GlobalEye to replace AWACS fleet - NATO confirmed plans to replace its ageing E-3A AWACS aircraft with Saab GlobalEye, marking the Alli...
- 09:00 Canada chooses Germany's TKMS for submarine programme - Canada selected ThyssenKrupp Marine Systems as the preferred supplier for up to 12 conventionally po...
- 09:00 NATO Defence Industry Forum prioritises transatlantic co-production - The Defence Industry Forum in Ankara focused on expanding transatlantic co-production, accelerating...
- 09:00 Counter-drone procurement continues shifting toward layered defence - Military organisations are increasingly procuring integrated counter-UAS architectures combining rad...
- 09:00 Hypersonic tracking remains a leading investment priority - Defence agencies continue expanding radar and space-based sensor networks capable of maintaining con...
- 09:00 Autonomous maritime systems expand infrastructure protection - Navies are broadening deployment of autonomous surface and underwater vehicles to monitor undersea c...
- 09:00 Distributed satellite constellations become military standard - Armed forces are increasingly adopting proliferated constellations of smaller satellites to improve...
- 09:00 Collaborative combat aircraft move toward operational service - Air forces are transitioning collaborative combat aircraft programmes from demonstration to operatio...
- 09:00 Industrial surge capacity becomes strategic deterrence factor - Governments increasingly regard manufacturing scalability, secure supply chains and rapid production...
