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Turkish defense company Aselsan signed contracts worth €2.46 billion ($2.75 billion) with Türkiye's Defense Industries Presidency (SSB) for the procurement of hybrid air defense systems, the company announced Monday, in what is described as the largest single contract in its 51-year history.
"Contracts with a total value of €2.46 billion have been signed between Aselsan and the Presidency of Defense Industries of the Republic of Türkiye for the procurement of Hybrid Air Defense Systems," the company said in a filing with the Public Disclosure Platform (KAP).
The deal brings Aselsan's air defense contracts since Oct. 1 to nearly €4 billion, as Türkiye expands its "Steel Dome" integrated air defense network.
The contract is Aselsan's third major air defense agreement in less than a week.
On Oct. 2, the company announced a €488.5 million export deal with an undisclosed foreign customer, along with €1.0085 billion in additional contracts with the SSB for ongoing serial production of long-range air defense systems.
Aselsan also signed a €1.2342 billion contract with Roketsan on Sept. 23 for subcomponents to be used in air defense systems. Aselsan said the latest agreements would positively impact its revenues and listed Oct. 5 as the start date of the new business relationship.
The company did not disclose the systems' names, quantities, or delivery schedule.
The SSB accounted for 30.6% of Aselsan's net sales and 37.8% of its trade receivables in its latest disclosed financial statements.
Aselsan CEO Ahmet Akyol said on the social media platform X that ongoing serial production efforts were further strengthening Türkiye's Steel Dome system and the protection of the country's skies.
Describing Türkiye as one of the few countries capable of developing its own air defense systems, Akyol pledged to keep working "day and night" toward a fully independent defense industry.
The KAP filing does not name the system.
Aselsan has described its Gurz air defense system as "hybrid," combining capabilities from its Hisar and Korkut projects on a single vehicle carrying both Korkut guns and Sungur or Goksur missiles.
Gurz's first serial production configuration was unveiled at the SAHA 2026 defense expo in May, when Akyol said it would enter the inventory next year.
The system completed live-fire field testing on Sept. 5.
Gurz is seen as a more advanced, NATO-compatible counterpart to Russia's Pantsir system, with orders reported from both the Turkish Land Forces and Air Force in 6×6 and 8×8 configurations.
Aselsan has not confirmed whether the €2.46 billion hybrid air defense deal covers Gurz.
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