Four Turkish defense firms included in global top 100 list

Four Turkish defense firms included in global top 100 list

Four Turkish protection giants are included within the high 100 protection companies checklist revealed by the US-based Defense News journal on Monday.

Türkiye’s Aselsan was at forty seventh place within the annual rating, up from forty ninth final 12 months, mentioned the outlet that describes itself as “the authoritative, independent, professional news source for the world’s defense decision-makers.”

Turkish Aerospace Industry (TAI) was at 58, up from 67, whereas missile producer Roketsan climbed to eightieth place from 86th.

The Military Factory and Shipyard Management Inc. (Asfat) additionally entered the checklist for the primary time and took the one hundredth spot.

Aselsan’s protection revenues totaled $2 billion in 2022, whereas TAI’s revenues amounted to $1.48 billion, Roketsan’s $873.3 million, and Asfat’s $443.5 million.

Lockheed Martin was within the first place once more with protection revenues of $63.3 billion on the checklist, adopted by RTX with $39.6 billion, and Northrop Grumman with $32.4 billion.

While the highest three companies had been from the US, six out of the highest 10 had been US-based, three from China, and one from the UK.

Source: www.anews.com.tr