Aselsan Signs New $469.9 Million Contract

Aselsan has signed a contract worth a total of $469.9 million with the Presidency of Defense Industries for the supply of AI-supported Urban Security Management Systems. This agreement is seen as part of the company's growth strategy in defense technologies. Deliveries under the contract are planned to take place between 2026 and 2029. This long-term delivery schedule, given the scope and technological complexity of the project, will support Aselsan's operational capacity and revenue stream in the coming years. The AI-supported Urban Security Management Systems aim to modernize cities' security infrastructure and provide more effective management. Such projects demonstrate Aselsan's potential to transfer its expertise in defense and security technologies to civilian areas. This is not investment advice.