Aselsan revenue rises 25 pct in first half
Turkish defense company Aselsan’s revenue rose by 25 percent in real terms year-on-year to 88.5 billion Turkish Liras in the first half of 2026, the company said.
New contracts increased by 72 percent to $4.9 billion, the highest level recorded by Aselsan for a first-half period. Its order backlog climbed by 45 percent to $23.2 billion.
The company said demand for high-technology products supported revenue growth, with air defense, radar, electronic warfare, naval systems, electro-optics, guided munitions and AI-assisted urban security systems contributing to sales.
Earnings before interest, taxes, depreciation and amortization rose by 31 percent to 23.2 billion liras. The EBITDA margin increased by 1.2 percentage points to 26.3 percent, while the net debt-to-EBITDA ratio declined from 0.57 to 0.55.
