Defense companies traded on Borsa Istanbul delivered strong returns in 2024. Altınay Defense Technologies led the rally with a 133.5% increase, while ASELSAN gained 61.5%.

Türkiye’s defense company STM has delivered new units of its domestically developed Wall-Penetrating Radar (DAR) system to the Turkish Armed Forces. The system, which helped save over 50 lives during the 2023 earthquakes, is now enhancing both military and rescue operations.

Developed by ROKETSAN, Türkiye’s heavy-class indigenous torpedo AKYA has entered serial production, with the first deliveries made to the Navy’s submarines.

ASELSAN’s EJDERHA electronic warfare system offers an effective solution against IEDs and drones, giving ground forces a decisive advantage.

With R&D-driven designs and patented solutions, FNSS advances Turkey’s defense industry worldwide, delivering armored combat vehicles and subsystems while boosting export potential and technological leadership.

Turkey’s Bayraktar TB3 UCAV completed its first flight with the indigenous ASELFLIR-500 electro-optical suite at Çorlu, proving seamless integration and boosting mission effectiveness.

Developed by Turkish Aerospace Industries, ANKA III stayed airborne for 2 hours during its third test flight, reaching 160 knots and 10,000 feet altitude.

Bayraktar AKINCI successfully carried out cloud-top strike tests with Roketsan’s IIR-guided MAM-T and TV-guided MAM-L munitions.