ASELSAN says new air defence export deal worth up to $1.1 billion adds to growing orders

ASELSAN announced on November 3 that it had signed an export contract for air-defence systems with a potential value of $1.1 billion. The Turkish company did not identify the customer, the systems covered, the quantities or the delivery schedule, leaving the package's precise technical scope undisclosed. The agreement follows $4.9 billion in contracts booked during the first half of 2026, representing a 72% increase over the corresponding period of 2025. ASELSAN is investing in manufacturing capacity and research and development, while suggestions that the buyer is a Gulf state remain unconfirmed and are not part of the disclosed contract terms.