ASELSAN has once again secured its place among the world’s leading defense companies, ranking 43rd in the 2025 edition of the Defense News Top 100 list. Continuing to represent Türkiye at the highest level, ASELSAN remains the country’s top-ranked company in this prestigious global ranking.
With strong exports and the continued success of its game-changing technologies, ASELSAN recorded 22% growth in USD terms over the past year. Trusted by armed forces in Türkiye and allied armies around the world, ASELSAN delivers integrated defense solutions across multiple domains, including air, land, naval, and space.
As ASELSAN celebrates its 50th anniversary, this recognition highlights the company’s sustained commitment to indigenous innovation, global partnerships, and mission-focused engineering. Backed by the strength of national talent and international trust, ASELSAN continues to proudly carry Türkiye’s flag in global defense industry leadership.
ASELSAN has made history as Türkiye’s first company to surpass a market value of 1 trillion TRY on Borsa İstanbul (BIST) and has secured its place as the company with the highest market capitalization in the country. This achievement reflects ASELSAN’s technology-driven production power, sustainable R&D approach, and capacity to develop systems that enhance regional deterrence, all of which have strengthened its appeal to investors.
The company’s financial performance continues to stand out globally as ASELSAN shares delivered a 247% return in USD terms since the beginning of 2024, far outperforming the Dow Jones Defense Index’s 61% growth over the same period. In the first half of 2025 alone, revenue increased by 11% to 53.7 billion liras, while net profit rose by 30% to 6.4 billion liras. Backed by contracts exceeding USD 5 billion in 2023 and 2024, ASELSAN’s order backlog climbed to a record USD 16 billion, while the company also reinforced its role by leading the BIST Sustainability 25 Index.
Driving this momentum is the aselsaneXt program, launched in 2024 to deliver best-in-class products, develop game-changing technologies, and grow through global collaborations. With nearly USD 1 billion invested in R&D annually, ASELSAN is demonstrating production capabilities matched by only a few defense companies worldwide. Marking its 50th anniversary, ASELSAN’s record market performance reinforces its vision of leading the future of defense technologies.
Reaffirming its commitment to international collaboration, ASELSAN recently held a series of high-level meetings in Abuja with state officials from the Nigerian Army, Navy, and Air Force, underscoring its role as a trusted partner in Africa’s defense landscape.
The discussions reflected the deepening relations between Nigeria and ASELSAN, as ASELSAN President & CEO Ahmet Akyol met with Lieutenant General Olufemi Oluyede (Chief of the Army Staff), Vice Admiral Emmanuel Ogalla (Chief of the Naval Staff), and Air Marshal Hasan Bala Abubakar (Chief of the Air Staff). The meeting focused on strengthening cooperation in radar, air defence, avionics modernization, and precision-guided technologies to enhance Nigeria’s operational effectiveness and regional security.
Following the discussions, Mr. Akyol stated: “Nigeria is a strategic partner for Türkiye in Africa. We remain committed to delivering advanced solutions that contribute to national and regional security.” These international engagements highlight ASELSAN’s commitment to meaningful partnerships and its active role in shaping the future of defence through innovation.
ASELSAN made a strong impact at DSEI 2025 in London, reinforcing its global presence with the debut of KORKUT 100/25 mobile counter-unmanned aircraft system to the international audience and the signing of new international cooperation agreements. The company’s booth attracted strong interest from industry leaders, showcasing both cutting-edge technologies and the momentum of ASELSAN’s expanding partnerships.
The exhibition highlighted ASELSAN’s broad portfolio, including precision-guided munitions TOLUN-S and TOLUN-IIR, the multi-layered air defense concept Steel Dome, UAV payloads, avionics, guidance kits, and communication systems. Electro-optics also took center stage with ASELFLIR 500 and the newly unveiled ASELFLIR 600. KORKUT 100/25 stood out with its integration of 25 mm ATOM smart ammunition, also developed by ASELSAN, and advanced sensor network, demonstrating its ability to counter mini and micro-UAV threats effectively.
DSEI 2025 also marked a step forward in ASELSAN’s international collaborations. Agreements were signed with Indonesia’s PT Republikorp for local radio development and communications, Brazil’s AKAER for cooperation on electro-optics, avionics, mission systems, and armored vehicle modernization, and Nokia for advancing military communications. These partnerships underline ASELSAN’s growing role in shaping the future of defense technologies worldwide.
At MSPO 2025, ASELSAN showcased its latest innovations with more than 20 advanced systems, demonstrating comprehensive solutions in electronic warfare, air defense, surveillance, and counter-UAV domains. ASELSAN’s booth also welcomed high-level guests, underlining the significance of the company’s presence at the exhibition.
Building on its growing presence, ASELSAN opened its Poland branch in 2024 and continues to strengthen strategic cooperation within the region. At MSPO 2025, this commitment was further reinforced through a joint declaration of intent with AMZ Kutno, signed in the presence of distinguished officials and executives from Türkiye and Poland. This step reflects both parties’ determination to advance their collaboration on LOTR vehicles.
By combining cutting-edge technology with trusted partnerships, ASELSAN continues to contribute to meeting the defense needs of Central and Eastern Europe. With a strong focus on innovation, collaboration, and long-term sustainability, the company remains dedicated to delivering integrated solutions that enhance operational effectiveness across diverse domains.
ASELSAN has taken its place at TEKNOFEST Istanbul 2025, the world’s largest technology festival, held between 17–21 September in İstanbul, Türkiye. In its 50th anniversary year, ASELSAN showcased 35 cutting-edge systems spanning underwater technologies, air defense, communication, UAV platforms, avionics, and tank modernization.
Alongside its advanced systems, ASELSAN also inspired the next generation through interactive activities designed for children, offering them a memorable journey into science and technology. The company also led key competitions during the event, including those in unmanned systems, air defense, AI in aviation, and secure satellite communication.
About ASELSAN’s participation to the event, President & CEO Ahmet Akyol stated: “Since the beginning, ASELSAN has been a main actor of TEKNOFEST, bringing cutting-edge technologies to the public. With the creativity and energy of our youth, we will continue to deliver technologies once thought unimaginable.”
ASELSAN has signed its first contract including product delivery with the NATO Communications and Information Agency (NCIA), marking a significant step in expanding its presence in NATO programs and strengthening its international role. The agreement delivers the modernization of the Very Low Frequency (VLF) Over the Air Monitoring (OTAM) system to Allied Maritime Command (MARCOM).
The contract was signed during the Turkish Industry Day, held by Presidency of The Republic of Türkiye Secretariat of Defence Industries in Ankara. Under this project, ASELSAN will deliver its ARTCom 9671 VLF/HF Receivers, along with demodulators, antennas, and multicoupler units. The upgraded solution will be deployed at MARCOM primary headquarters and its alternate headquarters. The new system will replace the existing equipment, ensuring improved reception quality for submarine communications.
Once completed, the modernization will make submarine communication capabilities more reliable, more efficient, and more cost-effective. This capability is critical for increasing the Alliance’s situational awareness in the maritime domain and ensuring effective coordination among naval forces.
ASELSAN has completed the comprehensive modernization of the strategic electronic warfare system, KORAL 100, which has long served successfully in the inventory of the Turkish Armed Forces. The upgraded KORAL 100 land-based Electronic Support (ES) and Electronic Attack (EA) system brings refreshed critical subsystems and ASELSAN’s latest technologies to the battlefield.
Proven in operational use by the Turkish Armed Forces, KORAL 100 now offers wider frequency coverage, higher output power, advanced AESA antenna beam steering, and simultaneous multi-target jamming and deception. Its adaptive ES/EA capabilities enhance detection, suppression, and deception against agile, layered threats, while protecting friendly forces and ensuring information superiority.
Integrated within the Steel Dome multi-layer air defense architecture, KORAL 100 delivers unmatched effectiveness in SEAD missions and critical infrastructure protection. Ready for today’s threats and built for tomorrow’s scenarios, the modernized KORAL 100 advances Türkiye’s strategic advantage in electronic warfare and air defense.
ASELSAN’s ANTIDOT 2-U 200 Electronic Attack pod has successfully completed its first flight, demonstrating its ability to detect, analyze, and deceive multiple enemy radars at once. Evaluated by a Turkish Armed Forces delegation, the system earned high marks for its effectiveness in neutralizing modern air defense threats.
Building on the earlier ANTIDOT Electronic Support pod, the new system integrates both ES and EA capabilities in a single, lightweight pod designed for unmanned aerial vehicles. With modular architecture, it can even be mounted on tactical-class UAVs, expanding operational flexibility.
Operating fully autonomously, ANTIDOT 2-U 200 delivers wide frequency and angular coverage, high output power, and simultaneous multi-radar engagement. Beyond protecting the host UAV, it creates safe corridors for friendly air assets. Offered to allied nations, ANTIDOT 2-U 200 reinforces Türkiye’s leadership in next-generation airborne electronic warfare.
ASELSAN has successfully completed the Factory Acceptance Tests of its systems within the scope of the ALTAY Series Production Project Subsystems Contract signed with BMC. This marks a major milestone, with the tested systems now delivered to BMC for integration into the three tanks rolling off the national main battle tank’s production line.
Under the contract, ASELSAN provides 13 indigenous systems, including the Tank Fire Control System, Remote-Controlled Weapon Station, Active Protection System, Identification Friend or Foe System, Tank Commander Control Information System, Tank Driver Vision System, Gunner Auxiliary Sight, Tank Laser Warning System, Situational Awareness System, Slip Ring, Internal Communication System, Tactical Radios, and the Tank Crew Training System.
By equipping ALTAY with this wide range of advanced technologies, ASELSAN strengthens Türkiye’s defense capabilities and ensures the operational superiority of the nation’s flagship main battle tank. With these systems, ALTAY enters service as a fully digital, network-enabled platform equipped for the future battlefield.