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English Defence News
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ASELSAN rises amongst giants

by Seray Güldane
July 2, 2020
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ASELSAN rises amongst giants
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ASELSAN ranks first among companies of defense industry in the Fortune Turkey 500 list

Being carried out by Fortune Turkey since 2018 and listing the biggest 500 companies of Turkey, Fortune 500 Turkey’s results for 2019 were announced. ASELSAN, which jumped seven places in the list, ranked 25th in the general ranking. ASELSAN continued to be the first among the defense companies on the list.

According to the figures shared in the list, ASELSAN’s net sales exceeding 13 billion TL in 2019 designated its place in the ranking. In addition to the net sales of ASELSAN, criteria such as Profit Before Interest Tax, Total Assets, Equity, Profitability and Exports were included.

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Turkey’s Technological Hub

ASELSAN, a company of Turkish Armed Forces Foundation, is a technological hub providing services for design, development, manufacture, system integration, modernization and after-sales servicesMilitary Communication Systems, Radar and Electronic Warfare Systems, Electro-Optical Systems, Navigation and Avionics Systems, Defense and Weapon Systems, Command-Control-Communication-Computer-Intelligence-Reconnaissance and Surveillance (C4ISR) Systems, Naval Combat Systems, Professional Communication Systems, Smart Transportation Systems and Health Systems.

 

Seray Güldane

Seray Güldane

M.A War Studies, B.A English Translation and Interpreting. UAV researcher, editor and interpreter.

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