Aselsan had already become Borsa Istanbul’s most valuable company last year, when its market capitalisation reached 1 trillion Turkish lira. With its latest increase, the company has also entered the top ten most valuable defence industry firms in Europe.
The valuation growth has been driven by Aselsan’s expanding presence in international markets and continued investment in high-technology defence systems. Export-led growth forms a central part of the company’s long-term strategy, including a recently signed $410 million contract with a NATO member state.
Aselsan’s performance has also been supported by what it describes as sustainable financial management and rising revenues. Since early 2023, the company has increased its order backlog by 120 per cent to $17.9 billion, while new export contracts signed in the first nine months of 2025 rose by 171 per cent year on year to $1.45 billion.
