ASELSAN (Military Electronic Industries) is a Turkish corporation that produces tactical military radios and defense electronic systems for the Turkish Armed Forces. It also designs, develops and manufactures modern electronic systems for military and industrial customers.
As per Daily Sabah, a Turkish daily, multibillion dollar company ASELSAN, which recorded $1.87 billion in revenue in 2018, currently sells its products to 65 countries and the company is aiming to expand its defense transactions with Pakistan, by opening its office in January next year.
Last year, Turkey delivered a navy fleet tanker to Pakistan, recording the highest single-item defense export. The fleet tanker PNS MOAWIN, was developed by STM and Pakistani Naval Forces as the first ship of its class. With a weight 16,400 tons and a length of approximately 158 meters, it can reach speeds of 20 knots with two propellers that have adjustable blade angles powered by two diesel motors.
ASELSAN has associated companies in Azerbaijan, Kazakhstan, Saudi Arabia, and United Arab Emirates. Besides, the company announced in October 2015 that they are planning to expand their South African business “by seeking partnerships to form a private company out of its local branch ASELSAN South Africa.
The offices are run by Turkish general managers and employ local staff.
Another report released on Monday by the Swedish-based Stockholm International Peace Research Institute (SIPRI) also revealed that ASELSAN was ranked 54th among the top 100 defense firms. News report on Turkish Defense Company to Open Offices in Pakistan.
Via: web news