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ASELSAN Wins €2.46B Contract for Turkey's Steel Dome

October 8, 2026

2 min read

Key Takeaways

ASELSAN secures €2.46 billion contract for Steel Dome air defence system.
The contract is the largest in ASELSAN's 51-year history.
The system will expand Turkey's air defence capabilities.
ASELSAN's revenue rose 15% to $4 billion in 2025.

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Strategic Implications

This contract may indicate Turkey's growing emphasis on air defence capabilities, which could strengthen its position in the region. The expansion of Steel Dome suggests a focus on layered defence systems, which may set a precedent for other countries to follow, and could benefit ASELSAN's export business.

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What Happened

Turkish Defence Giant Expands Air Defence Capabilities

ASELSAN has signed a record €2.46 billion contract with Turkey’s Secretariat of Defence Industries to expand the country’s Steel Dome air defence system. The contract, announced on 5 October, is the largest in ASELSAN’s 51-year history and will fund the procurement of hybrid air defence systems. The system is designed to counter unmanned systems, helicopters, combat aircraft, and cruise missiles. The expansion of Steel Dome is part of Turkey’s efforts to strengthen its air defence capabilities, and the contract was reported by Defence Industry Europe.

Source | Originally Published: October 5, 2026

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