ASELSAN and the Secretariat of Defence Industries (SSB) have signed contracts worth a total of EUR 2.46 billion for the procurement of Hybrid Air Defense Systems. According to information provided by
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Air Defense Contract Volume Reaches EUR 10.93 Billion Since December 2023
Based on ASELSAN contracts publicly announced since December 2023 for which the air defense share can be separately identified, the total nominal contract volume during this period has reached EUR 10.934 billion + USD 305.736 million + TRY 8.656 billion.
One of the first major contracts during this period was announced on 15 December 2023. ASELSAN and the SSB signed contracts and contract amendments covering air defense systems, with ASELSAN’s share amounting to EUR 428.54 million and TRY 4.88 billion.
In 2024, new contracts and amendments were announced for Naval Air Defense Systems worth EUR 15.63 million and TRY 182.31 million, Short-Range Air Defense Systems worth EUR 82 million, Air Defense Systems worth USD 36 million, and air defense missile subsystems worth EUR 59.14 million.
During the same year, an air defense system export contract worth USD 20.27 million was signed. This was followed in November by contracts worth EUR 135.11 million and TRY 1.64 billion, while a further contract worth USD 170.97 million and TRY 1.95 billion was signed in December for Air Defense Radar Systems.
ASELSAN’s air defense contracts began moving into the billion-euro range in 2025. On 10 September 2025, the company signed a EUR 1.65 billion contract with the SSB for the procurement of Air Defense Systems.
On 11 November 2025, new contracts worth EUR 1.122 billion were announced under ongoing Air Defense Systems serial production projects. In addition, ASELSAN signed a USD 78.5 million air defense system export contract with an international customer in August 2025.
EUR 7.44 Billion in Air Defense Contracts in 2026
The value of ASELSAN’s air defense contracts accelerated significantly in 2026.
· On 16 June, ASELSAN signed a EUR 780 million contract with the SSB for the procurement of Air Defense Systems, followed on 10 July by contracts worth EUR 1.470 billion under ongoing serial production projects.
· On 23 September, ASELSAN and ROKETSAN signed a EUR 1.234 billion contract for the procurement of subsystems for Air Defense Systems.
· On 1 October, new contracts worth EUR 1.0085 billion were announced under ongoing serial production projects for Long-Range Air Defense Systems. On 2 October, ASELSAN signed a further EUR 488.5 million contract for the export of Air Defense Systems to an international end user.
· The latest step came on 5 October with the signing of the EUR 2.46 billion Hybrid Air Defense Systems contracts.
As a result, the total value of ASELSAN’s euro-denominated contracts publicly announced between the beginning of 2026 and 5 October, for which the air defense share can be separately identified, reached EUR 7.442 billion.
The four air defense contracts announced during the approximately two-week period between 23 September and 5 October alone totaled EUR 5.191 billion.
Only Contracts with an Identifiable Air Defense Share Included in the Total
The calculation includes only ASELSAN contracts for which the value has been publicly disclosed and the air defense share can be separately identified.
The approximately USD 6.5 billion Air Defense and Missile Systems package involving ASELSAN and ROKETSAN in November 2025 was not included because the distribution of the total value by company and system was not disclosed. NATO programs and mixed export packages in which air defense systems were announced together with radar, electronic warfare, communications and other systems were likewise excluded.
Therefore, the total of EUR 10.934 billion + USD 305.736 million + TRY 8.656 billion does not represent ASELSAN’s entire air defense business volume. Rather, it represents contracts publicly announced between December 2023 and 5 October 2026 whose value can be directly attributed to air defense.
The EUR 2.46 billion Hybrid Air Defense Systems contracts announced on 5 October stand out as the largest single contract package during this period and, according to ASELSAN, the largest single contract signed in the company’s 51-year history.
TSK of 2010s and TSK of 2030s is going to be vastly different when it comes air and missile defense. One could say, several order of magnitudes increase in air and missile defense capability in a span of two decades. Good job Türkiye.
