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Defense Industry
Turkish Defense Giant Aselsan’s Q1 Profit Surge To 34%
One of Turkey’s leading defense contractors, Aselsan has seen its profits increase by 34% year-on-year to TL 1.2 billion ($147 million) from January through March, the company said in a statement. “We experienced a significant […]
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Defense Industry
Turkish TAI Signs MoU with GE Marine on Co-production of Marine Propulsion
TUSAS Engine Industries Inc. (TEI), a subsidiary of Turkish Aerospace Industries (TAI), signed a Memorandum of Understanding (MoU) with GE Marine to explore opportunities pertaining to production of engines for warships. The MoU was signed […]
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Europe
Turkish Navy’s First Aircraft Carrier Starts Sea Trials
Turkish Navy’s first light aircraft carrier TCG Anadolu has left the shipyard for a series of sea trials, according to Sedef Shipyard’s officials. The ship has left the shipyard where it was built in 2022. […]
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