Havelsan

Egypt's state-owned Arab Organization for Industrialization (AOI) has announced a major expansion of its defense manufacturing capabilities, signing multiple international co-production agreements at the Egypt Defence Expo. Key partnerships include French aerospace firm Dassault Aviation for Rafale fighter jet component localization, Chinese defense giant Norinco for tactical drone production, and Turkish defense contractor Havelsan for unmanned ground vehicles.

Aselsan announced a 15% increase in revenue to $4.11 billion for 2025, driven by new export contracts and a focus on air defense systems. The company secured over $2 billion in new orders, including a $410 million contract with Poland, and invested $1.