European defense stocks failed to rally during the Iran war, as investors reassessed high valuations, order uncertainty, and the battlefield impact of low-cost drone warfare.

Turkish Navy Commander Admiral Ercüment Tatlıoğlu has stated that construction of ATILAY, the first platform under Türkiye’s national submarine program, has begun and is continuing, marking a major step toward strategic independence at sea.

MKE is moving forward with a $1.5 billion investment program to modernize its production base, expand artillery ammunition capacity, and strengthen its position in both domestic supply and export markets.

CANiK used NRA Show 2026 in Houston to reinforce its US growth strategy, supported by expanding production at its Florida-based CANiK USA facility.

HAVELSAN’s next-generation business management system KOVAN has achieved its first export success after the military personnel management version was activated at Azerbaijan’s Ministry of Defense.

Türkiye’s Ministry of National Defense said it will continue supporting efforts to ensure that the temporary ceasefire between the United States and Iran evolves into a lasting ceasefire and permanent peace.

Presidency of Defence Industries head Haluk Görgün said Türkiye’s goal is to achieve full independence by developing efficient projects across every field, supported by the GHOST program, AI initiatives, and data-driven technology planning.

During the press tour of the International Anatolian Phoenix-2026 Exercise in Konya, a realistic personnel recovery scenario was carried out with live munitions and multinational participation.