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Aselsan has become the first Turkish company to exceed a market capitalization of $30 billion, marking a milestone in the history of the BIST 100 index.
According to market data, Aselsan closed trading on Jan. 13 with a market value above $30 billion, securing its position as the most valuable company on Borsa Istanbul.
Aselsan had already risen to become Borsa Istanbul’s most valuable company last year, reaching a market capitalization of 1 trillion Turkish lira.
With its latest surge, the company has also ranked among Europe’s top 10 most valuable defense industry firms.
The company’s performance has been driven by its growing presence in international markets and sustained investments in high-technology, game-changing defense systems.
Export-oriented growth is a key pillar of Aselsan’s long-term strategy.
The company recently signed a $410 million contract with a NATO member state, strengthening its footprint in global defense markets.
Amid a broader rally led by major European and U.S.-based technology firms, Aselsan has emerged as a focal point for investors, supported by its advanced technological solutions.
Aselsan’s expansion has been underpinned by what the company describes as sustainable financial management.
Rising revenues and a growing balance sheet have contributed to strong operational results.
Since early 2023, Aselsan has increased its order backlog by 120% to $17.9 billion, nearly tripling the global industry average growth rate of 42%.
Export contracts have also surged. In the first nine months of 2025, Aselsan signed new export agreements worth $1.45 billion, representing a 171% increase compared to the same period a year earlier.
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