Aselsan Elektronik Sanayi Ve Ticaret AS

Overview

Aselsan Elektronik Sanayi ve Ticaret AS (ASELSAN), part of the Turkish Armed Forces Foundation, manufactures electronic systems for military and commercial applications. Its product portfolio includes military radios, naval combat, tactical communication systems, and public safety communication systems. The company offers avionics, satellite and naval communication systems, naval systems, electronic warfare intelligence and attack systems, weapon systems, command control systems, unmanned systems, electro-optic systems, avionics systems and traffic systems. Its major customers include Tusas, Turk Silahli Kuwetleri, and Savunma Sanayii Mustesarligi. The company’s major affiliates include Baku Aselsan Company, Mikes, Aselsannet Co Ltd, Roketsan Inc and others. It has operations in Western Asia and Southeastern Europe. AEST is headquartered in Ankara, Turkey.
Key Stats
Address
Mehmet Akif Ersoy Mahallesi, 296. Cadde, No:16, Yenimahalle, Yenimahalle, ANKARA, Turkey
Headquarters

Turkey

Contact

90 312 5921000

No of Employees

9,644

Industry

Aerospace and Defense

Ticker Symbol & Exchange​

ASELS.E [IBSE]

Revenue (2020)

$2,296 m

0.2% (2020 vs 2019)
Net Income (2020)

$634 m

7.7% (2020 vs 2019)
Net Profit Margin

28 %

7.6% (2020 vs 2019)
Market Cap *

$4,181 m

EPS *

$0.3

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Aselsan Elektronik Sanayi Ve Ticaret ASLockheed Martin CorpRheinmetall AGSaab AB
Key Information
Headquarters Turkey United States of America Germany Sweden
Headquarter City ANKARA BETHESDA DUESSELDORF LINKOPING
Headquarter State/Province - Maryland - -
No. of Employees 9,644 114,000 19,834 18,098
Entity Type Public Public Public Public

Products & Services

ASELSAN manufactures electronic systems in Turkey. The company’s major products and services include the following:

Products
  • Products:s
  • Military Radios
  • Tactical Communication Systems
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • s
  • Tank Modernization
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Mehmet Fatih Guclu Chief Financial Officer; Vice President Senior Management 2019 45 Mr. Mehmet Fatih Guclu has been the Chief Financial Officer and Vice President of the company since 2019. Previously, he...
Haluk GorGun Chief Executive Officer; Chairman Executive Board 2018 48 Mr. Haluk GorGun has been the Chairman and Chief Executive Officer of the company since 2018. Previously, he served as...
Non Dignissim Eros Proin vel Convallis 2015 XX In vitae nisi ut tortor rutrum suscipit vel vitae ligula. Mauris sed tellus non augue ultricies ultricies. Aliquam vitae urna congue.
Non Dignissim Eros Proin vel Convallis 2015 XX In vitae nisi ut tortor rutrum suscipit vel vitae ligula. Mauris sed tellus non augue ultricies ultricies. Aliquam vitae urna congue.

History

Year Event Description
2020 Contracts/Agreements In April, the company entered into an agreement to sell its remote-controlled weapons station to…
2020 Contracts/Agreements In April, the company signed a contract to sell SARP-Dual Remote Controlled Stabilized Weapon Station…
2020 Contracts/Agreements In July, the company secured a US$93.3 million contract for the supply of several battlefield…
2020 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2020 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Mikroelektronik Arastirma Gelistirme Tasarim ve Ticaret, Ltd. Sti

Address

Ayazaga Kampüsü Koru Yolu, Ari 2 Teknokent A Blok 3-3, Maslak, Istanbul
Turkey

Telephone

90 212 286 789

Website

www.um-ic.com
ULAK Inc.

Address

Isatnabul
Turkey

Telephone

90 212 5672200

Website

www.ulakapp.com
Roketsan Roket Sanayii ve Ticaret A.S.

Address

Kemalpasa Mahallesi Sehit Yuzbasii Adem Kutlu Sokak No:21, Elmadug
Turkey

Telephone

90 312 8605500

Website

www.roketsan.com.tr/en

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
14 Mar 2018 Aselsan Elektronik Sanayi Ve Ticaret (ASELSAN) Forms Joint Venture with Barzan Holdings Partnership BARQ QSTP LLC Barzan Holdings; Aselsan Elektronik Sanayi Ve Ticaret AS
26 Dec 2017 ASELSAN to Raise up to USD771.57 Million in Secondary Offering of Shares Equity Offering Aselsan Elektronik Sanayi Ve Ticaret AS
24 Feb 2016 Saudi Technology Development and Investment Company (TAQNIA) Forms Joint Venture with ASELSAN Partnership Aselsan Elektronik Sanayi Ve Ticaret AS; Saudi Technology Development and Investment Company (TAQNIA)
27 Feb 2015 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
25 Feb 2015 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
15 Dec 2014 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit