Turkish Defense Firm Hits $30 Billion, Joins European Elite
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A major Turkish defense company has reached a historic financial milestone. Aselsan is now the first Turkish firm to achieve a market value of $30 billion.
This valuation also places Aselsan among Europe's top ten most valuable defense and aerospace companies. Market value, or market capitalization, is the total worth of a company's publicly traded shares.
The achievement highlights the growing scale and investor confidence in Turkey's domestic defense industry. Aselsan is a leading manufacturer of military electronics and communication systems.