ASELSAN and SSB sign 523 million euro defense contract

ASELSAN and the Presidency of Defence Industries (SSB) have signed a contract valued at 523 million euros to develop a Next Generation Air and Missile Defense System.

The project aims to enhance national defense capabilities and strengthen the domestic defense industry through technological advancement. This initiative is part of ASELSAN’s broader strategy to increase its market share and international visibility, following the announcement of nine other recent business relationships.