Aselsan leads Borsa Istanbul in market value amid major contract wins

Aselsan has emerged as the most valuable company on Borsa Istanbul, reaching a market capitalization of 1.6 trillion Turkish Lira. Other top-valued companies include QNB Bank with 874.5 billion TL and Tüpraş with 744.22 billion TL.

In recent business developments, Aselsan secured several major contracts. These include a 2.46 billion Euro agreement with the Presidency of Defense Industries for Hybrid Air Defense Systems, a 195 million USD contract for radar systems, and various export agreements for electronic warfare and communication systems totaling hundreds of millions of dollars.

Additionally, ARD Grup Bilisim Teknolojileri reported a significant order worth approximately 47.96 million USD for IT infrastructure supplies. The company also signed a Memorandum of Understanding with Kazakhtelecom to develop the 'Kazakhstan Secure Smart Booth Platform' project.