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Aselsan announces its turnover in 2019 reaches historic record levels

Turkish Aselsan's exports reached over $327 million this year, a record 50% rise, the company said in a statement….The company managed to get new orders worth $700 million in the last three months of 2019, so by the end of September the total orders topped $9.8 billion in 2019, a historic amount for the Turkish firm, it said. It noted that research and development expenditures will surpass $450 million by the year-end, adding that it has a total of six R&D centers and currently employs approximately 4,500 R&D personnel. It also said that under a project called Back to Turkey in order to reverse brain drain, a total of 25 experienced engineers, who previously went abroad, were returned to the country and started to work for Aselsan.
Turkish defense giant's turnover hits record level, Aselsan announces its turnover in 2019 reaches historic record levels in both Turkish lira, dollar terms
Anadolu Agency December 31, 2019
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