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Turkish defense giant Aselsan signed a €523 million ($585.3M) contract with the Presidency of Defense Industries (SSB) to develop a next-generation air and missile defense system, the company said in a filing with Türkiye's Public Disclosure Platform (KAP).
The deal adds to a separate $442.5 million export contract Aselsan recently announced with an international customer for radar, counter-drone and command-and-control systems.
"A contract with a total value of €523 million has been signed between Aselsan and SSB for the development of a next-generation air and missile defense system," Aselsan said.
The company did not disclose further details on the system or a delivery timeline.
Aselsan also signed an export contract worth $442.5 million with an international customer for the sale of radar, counter-UAV and command-and-control systems, the company said in a separate KAP filing.
The company did not name the customer.
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