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ASELSAN's backlog exceeds $30 billion for the first time
ASELSAN signed $14 billion in new contracts in the first nine months of 2026, raising its order backlog to $30.7 billion. The company's revenue increased 28% in real terms over the same period, reaching 151.5 billion liras.
ASELSAN signed a total of $14 billion in new contracts in the first nine months of 2026, raising its order backlog to $30.7 billion. The company's backlog thus exceeded $30 billion for the first time in its history.
According to a statement submitted to the Public Disclosure Platform (KAP), the backlog, which stood at $20 billion at the end of 2025, reached $30.7 billion as of September 30.
Revenue rises 28% in real terms
The company's revenue in the first nine months of the year increased 28% in real terms compared with the same period last year, reaching 151.5 billion liras. New export contracts rose 34% to $1.9 billion.
Air defense and electronic warfare lead demand
New orders focused on air defense, radar, electronic warfare, guidance systems and artificial intelligence-powered urban security solutions.
ASELSAN's results came as Türkiye planned to raise the domestic production rate in the defense industry to 84% and sector exports to $11.5 billion as part of its 2027 targets. During his visit to Türkiye, Canadian Prime Minister Mark Carney also met with defense industry executives, including ASELSAN General Manager Ahmet Akyol.
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