Turkish defense electronics firm Aselsan reported a 25 percent real-term increase in revenue for the first half of 2026, reaching 88.5 billion Turkish Liras.
The company also disclosed a substantial expansion in its order book, with new contracts rising 72 percent year-on-year to $4.9 billion.
The results highlight accelerating demand for Aselsan’s communication, radar, and electronic warfare systems amid heightened regional security spending.
The surge in new contracts suggests a durable pipeline that could support earnings visibility well beyond the current reporting period.
Aselsan’s performance underscores the broader strength of Turkey’s domestic defense industry, which has benefited from increased localization efforts and government procurement priorities.
Investors will likely focus on the sustainability of this contract growth and its translation into future cash flows.