What Happened
Turkish Defense Electronics Specialist Expands Global Customer Base
Turkish defense electronics specialist Aselsan has reported significant export progress, with almost half of its new contracts in the first quarter coming from abroad. The company booked $1.3 billion in new contracts, indicating success in its efforts to broaden its customer base. Aselsan’s expansion into international markets may be driven by growing demand for its products and services, particularly in the defense sector. This development was first reported by Aviation Week.