Investment News

QFAB-250-LG: Upgrade for Azerbaijani FAB-250 Bombs
Azerbaijan Turkiye

QFAB-250-LG: Upgrade for Azerbaijani FAB-250 Bombs

ASELSAN and Azerbaijan's joint venture QFAB-250-LG, dropped from a Su-25 attack aircraft, has hit the target zone.

Nurol Establishes Production Facility in the U.K.
United Kingdom Turkiye

Nurol Establishes Production Facility in the U.K.

During the DVD2024 exhibition, the Turkish firm known for its 4x4 armoured vehicles announced the establishment.

ASELSAN to Jointly Produce with Azerbaijan
Azerbaijan Turkiye

ASELSAN to Jointly Produce with Azerbaijan

ASELSAN General Manager Ahmet Akyol announced that they will jointly produce smart ammunition with Azerbaijan.

ROKETSAN and STP Sign Joint Production Deal for TEBER
Azerbaijan Turkiye

ROKETSAN and STP Sign Joint Production Deal for TEBER

During ADEX 2024, ROKETSAN and Azerbaijani STP signed a joint production agreement for the TEBER Laser+GPS guidance kit for Mk81/82 GPBs.

Two Moves from ASFAT: TF-2000 and Shipyard Construction
Turkiye

Two Moves from ASFAT: TF-2000 and Shipyard Construction

Defence Ministry company ASFAT Inc. is expected to perform two strategic moves as it gave signals about one of them on social media a few days ago.

İkinci: Roketsan’s R&D Budget is 7.5 Billion TL
Turkiye

İkinci: Roketsan’s R&D Budget is 7.5 Billion TL

Roketsan General Manager Murat İkinci announced they allocated 19 per cent of their turnover to 154 R&D projects in 2023.

Turkiye Gains a New Naval Shipyard: Aksaz
Turkiye

Turkiye Gains a New Naval Shipyard: Aksaz

Turkiye is becoming the owner of a military shipyard at the point where the Mediterranean meets the Aegean.

ASELSAN and TUSAŞ Sign an Avionic Agreement
Turkiye

ASELSAN and TUSAŞ Sign an Avionic Agreement

ASELSAN and Turkish Aerospace signed an agreement to develop, integrate, and serially produce Avionic Suites for air platforms.

ASELSAN Signs € 32.000.000 Contract with Anadolu Shipyard
Turkiye

ASELSAN Signs € 32.000.000 Contract with Anadolu Shipyard

ASELSAN signed a contract with Anadolu Deniz İnşaat Kızakları Sanayi ve Ticaret A.Ş.regarding naval combat systems.

Flake: “F-16 is Not Off Track; It is Moving Forward”
USA Turkiye

Flake: “F-16 is Not Off Track; It is Moving Forward”

U.S. Ambassador discusses U.S.-Turkiye defence relations, Repkon’s investment, Somalia, F-16 negotiations, and Montreux Convention in Ankara briefing.

SDT Announces $2 Million Deal
Turkiye

SDT Announces $2 Million Deal

SDT announced that it received a defence systems order worth $1,960,296 from a Turkish customer.

Localisation Order from ASELSAN to Hidropar
Turkiye

Localisation Order from ASELSAN to Hidropar

Hidropar has converted its localisation prototype ASELSAN into a product order. The details of the maritime-related order have not been disclosed.

Contract Amendment between ASELSAN and Roketsan
Turkiye

Contract Amendment between ASELSAN and Roketsan

ASELSAN informed Public Disclosure Platform (KAP) that it signed a contract amendment with Roketsan regarding air defence systems.

Leonardo and Rheinmetall to Form Joint Venture for Tanks
Germany Italy

Leonardo and Rheinmetall to Form Joint Venture for Tanks

Italian and German Defence companies announced they would establish a joint venture to manufacture land systems, especially tanks.