Mentioned:ASELSAN$2.7B · Contract Award
ASELSAN secured €2.46 billion in contracts from Turkey's Secretariat of Defence Industries to expand Steel Dome, the country's layered air defence architecture. The award is the largest in the company's 51-year history and adds to over €5 billion in major air defence contracts ASELSAN has won since September 2025.
What's happening
- ASELSAN will supply hybrid air defence systems including Gürz variants, Korkut 100/35SB self-propelled guns, HİSAR short- and medium-range missiles, and SİPER longer-range missiles.
- Steel Dome integrates sensors, command systems and weapons of different ranges into a single architecture that shares data across detection and engagement layers.
- ASELSAN has received €5 billion in major air defence contracts since September 2025, with the latest award exceeding all previous individual orders.
Why it matters
- Turkey is concentrating procurement with a single domestic integrator rather than importing foreign systems, building indigenous air defence production capacity across missiles, radars and electronic warfare.
- The layered architecture ties together multiple threat layers from drones and loitering munitions to combat aircraft and cruise missiles, creating interoperable command and sensor networks.
- Total Turkish state air defence contracts placed with domestic industry reached €10.93 billion since December 2023, signaling sustained demand for expansion of production rates and supply chain.
- ASELSAN's €5 billion air defence run rate since September 2025 represents the company's fastest growth period and demonstrates consolidation of Turkey's air defence industrial base around one prime.
Going deeper
- Gürz combines guns, anti-aircraft and anti-missile missiles, radar and electro-optical sensors and electronic warfare equipment on a single vehicle platform.
- Steel Dome components including Korkut, Gökberk, Göker, HİSAR, SİPER and the HAKİM command system share a common data architecture to build unified airspace pictures.
- Gürz variants target different service branches: Gürz-H for Turkish Air Force, Gürz-K for Land Forces, and Gürz-D under development for the Navy.
Financial impact
- ASELSAN's order backlog reached $20.4 billion at end of 2025, with the company signing $4.9 billion in new contracts in first half of 2026, its strongest first half on record.
- The €2.46 billion contract will be recognized as revenue over the period of performance, timing not disclosed; ASELSAN revenue rose 15% to $4 billion in 2025.
- Much of ASELSAN's $4.9 billion in first-half 2026 new business came from air defence, radar and electronic warfare, indicating strong margin contribution from these segments.
The fine print
- ASELSAN disclosed no details on quantities, configurations or delivery schedules for the contract.
- The company confirmed the order covered procurement of Hybrid Air Defence Systems but did not explicitly confirm which specific systems or variants are included.
Source: defence-industry.eu · Oct 8, 2026 · Drafted with Claude, reviewed by Industrial Base Alpha.
