SDArabia

Your Ultimate Arabic Language Source for Security and Defense News

ASELSAN announced its inflation-adjusted financial results for the first quarter of 2026. According to the disclosure made to the Public Disclosure Platform (KAP), ASELSAN resolutely continued its growth momentum with a strong operational performance, increasing technology investments, and disciplined financial management. As the most valuable company listed on Borsa İstanbul, ASELSAN’s revenue for the first three months of 2026 reached TL 34.3 Billion, an increase of 15% in real terms compared to the same period of the previous year.

Resolutely pursuing its export-oriented growth strategy, ASELSAN increased its new export contracts signed in the first quarter of 2026 by 69%, reaching USD 629 Million. ASELSAN’s backlog also increased by 39% compared to the same period of the previous year, reaching USD 20.7 Billion. The increase in the backlog accompanied ASELSAN’s uninterrupted growth throughout 2026. ASELSAN significantly expanded its investments aimed at scale and capacity expansion in the first quarter of the year, rising by 261% to USD 137 Million. R&D expenditures also increased by 41%, reaching total valuing USD 357 Million. Strong investments in production and R&D emerge as strategic milestones that reinforce ASELSAN’s firm progress toward becoming a global brand. The Net Debt/EBITDA ratio, which was 0.60 in the same period of the previous year, decreased to 0.41.

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