ASELSAN has announced exceptional financial results for 2024. Revenues reached 120 billion TL (over 3.2 billion USD) with a 13% growth rate, while EBITDA margin rose from 22% to 25%. The company signed 6.5 billion USD worth of new sales contracts, 1 billion USD of which were international.

ASELSAN, Türkiye’s leading defense company, achieved 120 billion TL (over 3.2 billion USD) revenue with 13% annual growth in 2024. EBITDA margin increased from 22% to 25%, while net profit margin rose from 10% to 13%. The new contracts signed reached 6.5 billion USD bringing the company’s total backlog to 14 billion USD.