What Does ASELSAN Make? Company, Products and Global Presence (2026)
ASELSAN is Türkiye’s largest defence electronics company. It makes radars, electronic warfare systems, electro-optics, military radios, remote weapon stations and air-defence systems, and often supplies these as subsystems on platforms built by other companies. Founded in 1975 and 74.20% owned by the Turkish Armed Forces Foundation, it reported a USD 23.2 billion order backlog in June 2026 and has signed export contracts with 95 countries.
Photo: an ASELSAN remote weapon station fitted with Ukrainian R-2S anti-tank missile launchers, shown on the ASELSAN stand at the Zbroya ta Bezpeka (Arms and Security) fair in Kyiv, 2018. Credit: VoidWanderer, CC BY-SA 4.0, via Wikimedia Commons.
Direct answer
ASELSAN (ASELSAN Elektronik Sanayi ve Ticaret A.Ş.) is a Turkish defence electronics and system-integration company based in Ankara. Its catalogue listed 449 products in September 2026. They cover radar, electronic warfare (EW), electro-optical and infrared (EO/IR) sensors, communications and cryptography, avionics and guidance kits, remote weapon stations, naval systems, and air and missile defence. It also has a civil business in rail, energy, security and healthcare. For many buyers in Africa and the Middle East, ASELSAN’s equipment arrives as part of a Turkish platform. Examples are the EO/IR sensor on a Baykar drone or the gun mount on a Turkish-built patrol vessel. In those cases ASELSAN is the subsystem supplier, not the platform maker.
| Legal name | ASELSAN Elektronik Sanayi ve Ticaret A.Ş. |
| Founded | 1975, by the Turkish Armed Forces Foundation (TSKGV) |
| Headquarters | Macunköy, Yenimahalle, Ankara, Türkiye |
| Ownership | TSKGV 74.20%; free float 25.80% (2025 annual report) |
| Listing | Borsa Istanbul, ticker ASELS |
| Chairman | Prof. Dr. Ercümend Arvas (re-elected May 2026) |
| President & CEO (General Manager) | Ahmet Akyol (in post since 2023; as of August 2026) |
| Employees | 17,024 (30 June 2026) |
| Revenue | TL 180.4 bn in FY2025; TL 88.5 bn in H1 2026 |
| Order backlog | USD 23.2 bn (30 June 2026) |
| Export reach | Export contracts with 95 countries; physical presence in 25 (end 2025) |
| Rankings | SIPRI Top 100: 47th (2024 data); Defense News Top 100: 40th (2026 list) |
What is ASELSAN?
ASELSAN describes itself as a defence electronics and system-integration company. Its stated mission is to supply the Turkish Armed Forces first, then domestic and foreign customers, in electronic technologies and system integration (ASELSAN investor presentation, April 2026).
In practice the company works at three levels:
- Component and sensor maker. It makes radars, thermal cameras, laser designators, radios, cryptographic units and, through affiliates, semiconductors and precision optics.
- Subsystem supplier. Its sensors, weapon stations and electronics go on aircraft, drones, armoured vehicles and ships built by other Turkish primes such as Baykar, TUSAŞ (Turkish Aerospace), BMC, FNSS, Otokar and Dearsan shipyard.
- System prime. For some programmes, notably the HİSAR air-defence systems and the architecture of Türkiye’s layered “Steel Dome” air defence, ASELSAN is the main contractor and integrator. Partners such as Roketsan supply the missiles.
ASELSAN is not an aircraft, drone or vehicle manufacturer. When a Turkish drone or armoured vehicle is exported, ASELSAN’s share is usually the sensor, weapon station, radio or EW kit fitted to it.
When and why was ASELSAN founded?
ASELSAN was established in 1975 by the Turkish Armed Forces Foundation (TSKGV, also rendered TAFF) “to meet the product needs in the field of military communications”, according to the company’s own milestones (investor presentation, April 2026). Its first contract came in 1978, from the Ministry of National Defence, for 10,221 vehicle, tank and carrier radios. Its first export was in 1983, when it sold radios to Belgium.
Third-party histories often link the founding to the 1974 Cyprus crisis and the US arms embargo on Türkiye that followed. ASELSAN’s official documents reviewed for this page do not state that link. They cite only the need for domestically produced military communications.
ASELSAN floated 15.30% of its shares on the Istanbul exchange in 1990. A secondary offering in 2018 raised the free float to 25.80%.
Where is ASELSAN’s headquarters, and what are its campuses?
The registered head office is at Mehmet Akif Ersoy Mahallesi, İstiklal Marşı Caddesi No:16, 06200 Yenimahalle, Ankara, on the Macunköy campus (2025 annual report). ASELSAN calls its sites “technology bases”. According to the April 2026 investor presentation, they are:
| Base | Opened | Main activity |
|---|---|---|
| Macunköy (Ankara) | 1979, first campus | Communication and information technologies; transportation, security, energy and healthcare; general administration |
| Akyurt (Ankara) | 1993, second campus | Microelectronics and electro-optics; avionics and guidance |
| Gölbaşı (Ankara) | 2015, third campus | Radar and EW; integrated defence systems. Largest built area, about 243,000 m² indoors |
| Temelli (Ankara) | Not stated | Integrated defence system technologies |
| Gölbek | n/a | Test range of about 3.3 million m² |
| Oğulbey (Ankara) | Ground broken 2025; first phase due to start operating in Q3 2026 | New technology base; investment of USD 1.5 bn, per ASELSAN |
ASELSAN also has production subsidiaries in Konya, Sivas, Malatya, Gaziantep and İstanbul (see the subsidiaries section below). Search interest in “ASELSAN Gölbaşı” and “ASELSAN Macunköy” usually relates to jobs and visits. Both are in Ankara.
Who owns ASELSAN?
ASELSAN is majority-owned by the Turkish Armed Forces Foundation (Türk Silahlı Kuvvetlerini Güçlendirme Vakfı, TSKGV). According to the 2025 annual report, the shareholding is:
| Shareholder | Share |
|---|---|
| TSKGV (Turkish Armed Forces Foundation) | 74.20% |
| Free float on Borsa Istanbul | 25.80% |
| Paid-in capital | TL 4.56 bn |
The shares trade on Borsa Istanbul under the ticker ASELS. The foundation’s only share privilege is the right to nominate six of the nine board members. ASELSAN is the only listed company among the foundation’s holdings (investor presentation, April 2026). ASELSAN put its market value at USD 33.7 bn at the end of June 2026, making it the most valuable company on Borsa Istanbul (H1 2026 results). The company says it entered the Forbes Global 2000 for the first time in 2026.
ASELSAN in turn owns 14.897% of Roketsan, the Turkish missile maker (2025 annual report). The two firms are separate companies and often work as partners on air-defence programmes.
Who runs ASELSAN? Chairman and CEO
| Role | Name | As of |
|---|---|---|
| Chairman of the Board | Prof. Dr. Ercümend Arvas | Chairman since September 2023; re-elected at the board allocation of 13 May 2026 |
| Vice Chairman | Mustafa Murat Şeker | Reconfirmed May 2026; he is also a deputy president of the Presidency of Defence Industries (SSB) |
| President & CEO (General Manager) | Ahmet Akyol | General Manager since 2023; signed the H1 2026 results in August 2026 |
Haluk Görgün, often still returned by search engines as “ASELSAN CEO”, led ASELSAN as chairman and chief executive until 2023. He is now President of the SSB, the Turkish government’s defence procurement agency, and holds no ASELSAN post. The board has nine members, three of them independent (April 2026).
How many employees does ASELSAN have?
ASELSAN reported 17,024 employees at 30 June 2026, up from 13,508 a year earlier (H1 2026 results release). Earlier published figures use different bases and are not directly comparable:
- “More than 16,000” employees at 31 March 2026, with an average age of 33 and 66% engineers (investor presentation, April 2026).
- 14,143 group employees in the 2025 financial statement notes, which describe the figure as an average, compared with 12,014 for 2024.
The company says it hired more than 2,000 people in 2025 and more than 1,000 in the first half of 2026. About 15% of the H1 2026 hires came from abroad.
What are ASELSAN’s business units?
In 2026 ASELSAN is organised into six business vice-presidencies, which it previously called sector presidencies. Corporate functions such as finance, supply chain and business development sit alongside them. The April 2026 investor presentation lists:
| Business vice-presidency | Main fields | Main base |
|---|---|---|
| Communication and Information Technologies | Military and mission-critical radios, satellite communications, cryptology, IT | Macunköy |
| Microelectronics and Electro-Optics | EO/IR sensors, thermal imagers, targeting pods, microelectronics | Akyurt |
| Avionics and Guidance Systems | Avionics, navigation, guidance kits, self-protection | Akyurt |
| Radar and Electronic Warfare Systems | Land, naval and airborne radars; EW; microwave; low-observable technology | Gölbaşı |
| Integrated Defence System Technologies | Air and missile defence, land and weapon systems, naval and underwater systems, C4ISR | Gölbaşı, Temelli |
| Transportation, Security, Energy, Automation and Healthcare Systems | Rail traction, traffic systems, energy, security, medical devices | Macunköy |
Older sources refer to a single “MGEO” (Microelectronics, Guidance and Electro-Optics) sector. That unit has since been split into the second and third rows above.
ASELSAN revenue, orders, backlog and exports
ASELSAN reports in Turkish lira, adjusted for inflation under IAS 29. It gives orders, backlog and exports in US dollars. The table uses the company’s own currency for each figure.
| Measure | FY2025 | H1 2026 |
|---|---|---|
| Revenue | TL 180.4 bn (+15% real) | TL 88.5 bn (+25% real; +37% in USD terms) |
| EBITDA margin | 26.2% | 26.3% |
| New orders | USD 9.6 bn (+46%) | USD 4.9 bn (+72%; a first-half record) |
| Order backlog (period end) | USD 20.4 bn | USD 23.2 bn |
| New export contracts | USD 2.1 bn (+104%) | Not disclosed for the half (Q1 2026: USD 629m) |
| International deliveries | USD 958m (+89%) | Not disclosed |
| R&D spending | USD 1.36 bn | USD 804m |
Sources: ASELSAN FY2025 earnings release (February 2026) and H1 2026 earnings release (August 2026).
ASELSAN’s release gives FY2025 revenue growth in dollar terms but not a dollar total. Breaking Defense put 2025 revenue at about USD 4.11 bn (25 February 2026). CEO Ahmet Akyol said in August 2026 that he expects the backlog to be around USD 30 bn “from next year onward”. The 2025 annual report counts 272 export contracts in 2025, with 16 products exported for the first time. The largest single export contract of 2025 was a USD 410m deal for EW systems for Poland, signed in December.
Where does ASELSAN rank globally?
| Ranking | Latest position | Previous | Basis |
|---|---|---|---|
| SIPRI Top 100 arms producers | 47th | 52nd | 2024 arms revenue of USD 3.47 bn (+24%); fact sheet published December 2025 |
| Defense News Top 100 | 40th | 43rd (2025) | 2026 list; ASELSAN says it is the first Turkish company in the top 40 |
ASELSAN first entered the Defense News list at 97th in 2006. SIPRI’s 2024 data shows 95% of ASELSAN’s total revenue coming from arms sales.
What does ASELSAN make? Product-family map
The table maps ASELSAN’s main product families to current catalogue names (September 2026), typical host platforms and ASELSAN’s role. Press names that are no longer used are noted where they still appear in searches.
| Family | Key current products | Typical platforms | ASELSAN role | DefenceMENA guide |
|---|---|---|---|---|
| Airborne EO/IR and targeting | ASELFLIR 500, ASELFLIR 600, ASELFLIR 300T, CATS, ASELPOD, TOYGUN | Bayraktar TB2, TB3 and AKINCI (Baykar); ANKA-III and T129 ATAK (TUSAŞ); JF-17 and F-16 (pods) | Sensor and pod maker; aircraft built by others | ASELFLIR 500 |
| Airborne fire-control radar | MURAD 100 AESA nose radar (MURAD 600-A for KAAN reported in development) | F-16 ÖZGÜR upgrade (TUSAŞ-led), AKINCI, KIZILELMA | Radar supplier | MURAD |
| Land surveillance and air-defence radar | ALP 100, ALP 300, ALP 500, KALKAN 50-G, KALKAN 200-G, KALKAN II, ACAR 300/400, STR 400 | Air-defence batteries, early-warning sites, border posts, 8×8 trucks | Designer and manufacturer | Air defence & C-UAS |
| Naval radar and fire control | CENK 200-N (also reported as MAR-D), CENK 300-N, CENK 400-N, ÇAFRAD METE, AKREP, ALPER | Corvettes, frigates, OPVs, fast attack craft | Sensor supplier to shipyards | n/a |
| Electronic warfare | KORAL 200, KORAL AD 100, PUHU, ANTIDOT pods, KANGAL jammers | Trucks, shelters, drone pylons, vehicles | Designer and manufacturer | KORAL & EW |
| Remote weapon stations and naval guns | SARP 100/12.7, SARP 200/12.7, SARP 100/12.7D, SARP 100/25, SMASH 200/12.7, SMASH 200/25, SMASH 200/30 | Armoured vehicles (Otokar, FNSS, BMC, Nurol), patrol boats, OPVs | Turret supplier to vehicle and ship primes | Weapon stations |
| Air and missile defence | KORKUT 140/35 and 150/35, HİSAR A 150, HİSAR O 100, SİPER 1/2, GÖKDENİZ CIWS, HERİKKS 600 C2 | Tracked and wheeled carriers, air bases, warships | Prime for HİSAR and KORKUT; SİPER with Roketsan; missiles by Roketsan | Air defence & C-UAS |
| Counter-drone | İHTAR, GÖKBERK 10 laser, GÖKALP, EJDERHA/AD 200, KANGAL/AD 100 | Fixed sites, vehicles, trailers | System developer | Air defence & C-UAS |
| Military communications | ARTCom 9661, ARTCom 9681, ARTCom 5433, T-Link datalinks, TASMUS, a-CRYPT; ASTELA public-safety radios | Soldiers, vehicles, aircraft, ships, command posts | Manufacturer | n/a |
| Land EO, sights and border security | DRAGONEYE 2, KARTALGÖZÜ, SAGER, YAMGÖZ360, BORDERGUARD, MİRSAD, MÜGAS 2 | Tanks, border towers, coastal sites | Manufacturer and turnkey integrator | n/a |
| Avionics, guidance and self-protection | TOLUN, KGK and LGK guidance kits, IRIS 200 missile warning, YILDIRIM 100 DIRCM, AKKOR active protection | Combat aircraft, helicopters, munitions, ALTAY tank (BMC) | Developer and supplier | n/a |
| Naval and underwater | HIZIR 100-N/100-S torpedo countermeasures, ZIPKIN 100D, ALBATROS-S swarm USV, DERİNGÖZ AUVs | Surface ships, submarines | Supplier and system developer | n/a |
Older press names such as STOP and STAMP (naval gun mounts), SERHAT (counter-mortar radar) and the “9661” radio do not appear in the 2026 catalogue. Their closest current equivalents are the SMASH family, the STR weapon-locating radars and ARTCom 9661. ASELSAN has not confirmed that each is a direct rename. GÜRZ, a hybrid gun-missile air-defence system shown at IDEF 2025, is widely reported but is not listed in the public catalogue. For a Turkish-language overview of the catalogue, see Envanter Media’s ASELSAN products guide.
ASELSAN subsidiaries, affiliates and joint ventures
The April 2026 investor presentation counts 4 affiliates, 7 subsidiaries and 12 offices outside Türkiye. The table covers the international entities and uses ownership figures from the 2025 annual report.
| Entity | Country | ASELSAN % | Purpose | Status |
|---|---|---|---|---|
| IGG ASELSAN Integrated Systems (IAIS) | UAE (Abu Dhabi) | 49 (IGG 51) | Production, test and integration of ASELSAN products in the UAE, including remote weapon stations; Gulf sales and support | Active JV, founded 2011 |
| ASELSAN Technologies Ltd. | UAE (Abu Dhabi) | 100 | Business development | Active, founded 2023 |
| BARQ QSTP LLC | Qatar (Doha) | 48 (Barzan Holdings 51, SSTEK 1) | Command and control, thermal and night vision, cryptography, weapon stations | Active JV, founded 2018; expansion agreements January 2026 |
| ASELSAN Middle East PSC | Jordan (Amman; plant at Mafraq) | 49 (JODDB 51) | Night-vision and thermal devices for the Jordanian Armed Forces and regional customers | Active JV, founded 2012 |
| ASELSAN Muscat SPC | Oman | 100 | Business development | Active; office opened February 2025 |
| Kazakhstan ASELSAN Engineering (KAE) | Kazakhstan (Astana) | 49 (Kazakhstan Engineering 50, SSB 1) | Production, development and maintenance of electronics | Active JV, founded 2011 |
| ASELSAN Bakü | Azerbaijan | 100 | Sales, after-sales, maintenance | Active, founded 1998 |
| ASELSAN Malaysia | Malaysia | 100 | Marketing and business development | Active, founded 2017 |
| ASELSAN Ukraine | Ukraine (Kyiv) | 100 | Business development and maintenance | Active, founded 2020 |
| ASELSAN Latin America | Chile (Santiago) | 100 | Marketing and business development | Active, founded 2024 |
| ASELSAN Philippines; ASELSAN Hungary | Philippines; Hungary | 100 | Business development | Active (Philippines founded 2025) |
| ASELSAN South Africa (branch) | South Africa (Pretoria) | Branch | Opened 2011 for airborne EO design; marketing and business development since 2024 | Active |
| ASELSAN Qatar (branch) | Qatar (Doha) | Branch | Maintenance, repair, business development | Active, founded 2021 |
| Branches in Europe | North Macedonia, Poland, Albania, Romania | Branch | Business development | Active (Albania and Romania founded 2025) |
Two regional arrangements need care. The SADEC joint venture with Saudi Arabia’s Taqnia, announced in 2016, does not appear among ASELSAN’s consolidated or equity-accounted entities in the 2025 reports, so its status is unclear. In Oman, ASELSAN disclosed a joint-venture agreement with Sinan Advanced Industries in October 2025. That entity is too recent to appear in the 2025 ownership tables.
Main domestic companies include:
| Company | ASELSAN % | Purpose |
|---|---|---|
| ASELSANNET | 100 | Civil communications, IT and security installation |
| ASELSAN Global Dış Ticaret | 100 | Export trading and supplier ecosystem |
| BİTES | 100 | Simulation, augmented reality and AI software |
| ASELSAN Malatya Elektronik | 100 | Military power electronics (founded 2025) |
| ASELSAN Sivas Hassas Optik | 80 | Precision optics |
| ASELSAN Konya Silah Sistemleri | 51 | Weapons and weapon systems |
| ASELSAN Gaziantep Elektromekanik | 51 | Slip rings and electromechanical parts (founded 2025) |
| ULAK Haberleşme | 51 | 4.5G/5G base stations |
| TÜYAR Mikroelektronik | 51 | Chip manufacturing and packaging |
| AB MikroNano; EHSİM | 50 each | Semiconductor devices; EW and tactical C2 |
| Roketsan | 14.897 | Missiles and rockets (separate company) |
Where does ASELSAN operate and export?
By the end of 2025 ASELSAN had signed export contracts with 95 countries, three of them new in 2025. It sold to 58 countries in 2025 alone and had a physical presence (subsidiaries, affiliates, branches or offices) in 25 countries (2025 annual report; investor presentation, April 2026).
Offices listed in the 2025 annual report are in Saudi Arabia, Pakistan, Indonesia, Uzbekistan, Nigeria, Algeria, Egypt and Bangladesh. The 25 countries in the company’s map are Albania, Algeria, Azerbaijan, Bangladesh, Chile, Egypt, Hungary, Indonesia, Jordan, Kazakhstan, Malaysia, Nigeria, North Macedonia, Oman, Pakistan, the Philippines, Poland, Qatar, Romania, Saudi Arabia, South Africa, Ukraine, the UAE, Uzbekistan and the Turkish Republic of Northern Cyprus. Hürriyet Daily News reported that ASELSAN aims to open in at least five more countries during 2026. No new 2026 entity had been named in official documents by September 2026.
In ASELSAN’s Q1 2026 backlog, exports were 16.2% of the total. The combined “Middle East, Africa and Asia” region was 10.0%.
ASELSAN in Africa (summary)
- Scale: ASELSAN told defenceWeb in September 2024 that it has equipment in service in 21 African countries, mainly in border security, air defence, air-platform payloads and jammers. It did not name the 21 countries.
- Named users: defenceWeb’s AAD 2026 coverage (September 2026) names Nigeria, Angola, Algeria, Morocco, Chad and Burkina Faso as countries with ASELSAN systems in service. It does not name products for each country.
- Presence: a branch in Pretoria (since 2011), an office in Abuja (incorporated in 2025), an office in Algiers, and a representative office in Egypt opened at EDEX in December 2025.
- Examples by status: ASELFLIR 300T sensors on Nigeria’s six T129 ATAK helicopters (Delivered, subsystem supplied through TUSAŞ). İHTAR counter-drone contracts with Niger and Angola (Ordered, reported by Anadolu Agency in April 2023; delivery not confirmed). ASELFLIR 500 on the Paramount Mwari in South Africa (Integrated, July 2026; no customer named). Local assembly of ASTELA handheld radios with Pamodzi in South Africa (contract, July 2025).
Full country-by-country detail is on our ASELSAN in Africa page (in French: ASELSAN en Afrique). See also Nigeria military strength and Turkish systems in African service.
ASELSAN in the Middle East and North Africa (summary)
- Qatar: the BARQ joint venture with Barzan Holdings. ASELSAN radar, EO and weapon stations are on the two MAC-50 missile attack craft built by Dearsan (Integrated, per the shipbuilder’s specification).
- UAE: the IGG ASELSAN Integrated Systems JV in Abu Dhabi and ASELSAN Technologies. At the Dubai Airshow in November 2025, ASELSAN signed contracts with CALIDUS for avionics on the WX-80 aircraft and YAMGÖZ 360 situational awareness for the WAHASH 8×8.
- Saudi Arabia: an office in Riyadh and a July 2025 agreement with SAMI to localise turret systems and onboard electronics.
- Jordan: the ASELSAN Middle East night-vision JV with JODDB.
- Oman: ASELSAN Muscat and the Sinan Advanced Industries JV agreement (October 2025).
- Bahrain: a naval remote weapon station contract announced by ASELSAN in May 2020.
- Egypt: a representative office and a preliminary co-production agreement with three local firms (December 2025).
- Unnamed customers: ASELSAN disclosed contracts with a “Middle East and Africa” customer worth USD 158.6m for military communications (April 2025) and USD 54m for radar and command and control (August 2025). It did not name the countries.
Country context: Qatar, UAE, Saudi Arabia, Jordan, Egypt, Morocco and Algeria.
Careers at ASELSAN
ASELSAN recruits mainly engineers. Its official careers portal is at aselsan.com/en/kariyer. The company’s “a Yetenek” family of programmes includes undergraduate internships (a Yetenek Staj), a summer internship, a candidate-engineer programme (a Yetenek 4, with 2026 selection running from August to October) and a high-school programme. ASELSAN also runs graduate education with Turkish universities through ASELSAN Academy. Application criteria, internship rules and what is publicly known about pay are covered on our ASELSAN careers, jobs and internships page.
How ASELSAN shows up in capability searches
Buyers and analysts often search by capability rather than company. This is where ASELSAN’s current catalogue answers the most common searches:
| Capability searched | ASELSAN answer (current names) | Read more |
|---|---|---|
| AESA radar for fighters and drones | MURAD 100 | MURAD; AESA radar explained |
| Early-warning and air-surveillance radar | ALP 100, ALP 300, ALP 500; KALKAN family for short and medium range | Air defence & C-UAS |
| Electronic warfare / radar jamming | KORAL 200, KORAL AD 100; ANTIDOT pods for drones | KORAL; EW explained |
| EO/IR turret for drones | ASELFLIR 500 (medium class), ASELFLIR 600 (HALE class), CATS | ASELFLIR 500 |
| Counter-drone / anti-drone | İHTAR, KANGAL jammers, GÖKBERK 10 laser, GÖKALP interceptor drones | Air defence & C-UAS; Counter-drone systems in Africa |
| Remote weapon station | SARP family (land), SMASH family (naval) | ASELSAN weapon stations |
| Naval radar | CENK 200-N/300-N/400-N, ÇAFRAD METE | No dedicated page yet |
| Short-range air defence | KORKUT 140/35 and 150/35 guns; HİSAR A 150 and HİSAR O 100 missiles; GÖKDENİZ CIWS at sea | Air defence & C-UAS |
For how Turkish drones carrying ASELSAN sensors compare with Chinese alternatives, see TB2 vs Wing Loong II vs CH-4.
Frequently asked questions
What does ASELSAN make?
ASELSAN makes defence electronics: radars, electronic warfare systems, EO/IR sensors and targeting pods, military radios and datalinks, remote weapon stations, air-defence and counter-drone systems, guidance kits and naval systems. It also has civil product lines in rail, energy, security and healthcare. Its catalogue listed 449 products in September 2026.
Who owns ASELSAN?
The Turkish Armed Forces Foundation (TSKGV) owns 74.20% of ASELSAN. The remaining 25.80% is free float on Borsa Istanbul under the ticker ASELS (2025 annual report).
Who is the CEO of ASELSAN?
Ahmet Akyol has been President and CEO (General Manager) since 2023 and was still in post in August 2026. Prof. Dr. Ercümend Arvas is Chairman of the Board, re-elected in May 2026. Haluk Görgün, a former chairman, now heads the SSB.
How many employees does ASELSAN have?
ASELSAN reported 17,024 employees at 30 June 2026, up from 13,508 a year earlier. About two-thirds are engineers.
What is ASELSAN’s revenue?
ASELSAN reported revenue of TL 180.4 billion for 2025 (inflation-adjusted), which Breaking Defense put at about USD 4.1 billion. First-half 2026 revenue was TL 88.5 billion. The order backlog was USD 23.2 billion at 30 June 2026.
Which countries use ASELSAN products?
ASELSAN says it has signed export contracts with 95 countries and has a physical presence in 25. In Africa, it reported equipment in service in 21 countries in 2024 without naming them. Countries publicly linked to ASELSAN systems include Nigeria, Qatar, the UAE, Jordan, Pakistan, Azerbaijan, Kazakhstan, Malaysia, Indonesia and Poland. The products and status vary by country.
Related on DefenceMENA
- ASELSAN in Africa: countries, products and status
- ASELFLIR 500 EO/IR system
- MURAD AESA radar
- KORAL electronic warfare system
- ASELSAN remote weapon stations: SARP and SMASH
- ASELSAN air defence and counter-UAS systems
- ASELSAN careers, jobs and internships
- Turkish systems in African service
- Counter-drone systems in African armies
Sources
- ASELSAN: 2026 1st Half Financial Results (earnings release, August 2026)
- ASELSAN: 2025 Annual Financial Results (earnings release, February 2026)
- ASELSAN: 2025 Annual Report (Faaliyet Raporu 2025, Turkish)
- ASELSAN: Investor Presentation, April 2026
- ASELSAN: ASELSAN climbs into global top 40 in the Defense News Top 100 list
- ASELSAN: ASELSAN and Barzan Holdings to expand BARQ joint venture
- ASELSAN: ASELSAN expands presence in the Gulf region with new office in Oman
- ASELSAN: official product catalogue (web API, accessed 29 September 2026)
- SIPRI: The SIPRI Top 100 Arms-Producing and Military Services Companies, 2024
- Breaking Defense: Turkey’s Aselsan sees over $4 billion in revenue
- defenceWeb: Africa an important market for ASELSAN
- defenceWeb: ASELSAN presents multi-domain capabilities at AAD 2026
- defenceWeb: First Nigerian T129 helicopters delivered
- defenceWeb: ASELSAN’s ASELFLIR-500 integration with the Paramount Mwari
- defenceWeb: ASELSAN signs agreement with Pamodzi to produce radios in South Africa
- Anadolu Agency: Turkish defense giant Aselsan begins to export anti-drone system IHTAR (April 2023)
- Anadolu Agency: Aselsan opens representative office in Egypt
- Military Africa: ASELSAN opens Nigerian office
- Naval News: Dearsan launches second and final MAC-50 for Qatar
- Al Defaiya: ASELSAN signs several agreements with Emirati companies at Dubai Airshow 2025
- Calibre Defence: SAMI signs agreement with three Turkish primes
- MarketScreener: ASELSAN signs joint venture agreement with Oman’s Sinan Advanced Industries
- Daily Sabah: ASELSAN to export naval weapons system to Bahrain
- TURDEF: ASELSAN exports communication systems valued at USD 158.6 million
- TURDEF: ASELSAN secures USD 54m radar and C2 systems export deal
- Hürriyet Daily News: ASELSAN signals global expansion in 2026
- Hibya Haber Ajansı (via Emtia Haber): ASELSAN board allocation, 14 May 2026 (KAP disclosure)
Data as of 29 September 2026. Financial figures are as reported by ASELSAN (inflation-adjusted Turkish lira; USD only where ASELSAN gives it, except the Breaking Defense revenue estimate). Country entries use strict status labels: an office, joint venture or reported contract does not mean a system is delivered or in service. Where ASELSAN supplies a sensor or weapon on another company’s platform, the export contract may be held by that platform’s prime contractor.
