Date: Issue 109 - August 2021
TSKGV/TAFF, celebrating its 34th anniversary this year, has direct shares in a total of 14 companies, comprising 6 subsidiaries and 8 affiliates, each of which operating in important areas of our defense industry. As of today, taking into account the domestic and foreign companies in which the subsidiaries have direct or indirect shares, our Foundation has direct or indirect shares in a total of 61 companies.
Having realized 42% of the Turkish Defense Industry's total sales and 33% of its exports in 2019, the share of subsidiaries in total R&D expenditures is at the level of 74%. The subsidiaries have 29% share in the total employment of the Turkish Defense Industry. In the 2019 ranking of Defense News, which ranks the 100 largest defense industry companies in the world according to their sales figures and is considered one of the most prestigious publications in this field, ASELSAN raised its position from 52nd to 48th place, TUSAŞ moved up 16 points to 53rd, ROKETSAN ranked 91st and HAVELSAN ranked 99th on the list.