Business · Trade · 15 hrs ago
Turkey's defense and aerospace exports rise 61% to $1.14 billion in October
Turkey's defense and aerospace exports reached $1.14 billion in October, a 61% increase from the same month a year earlier, according to the head of its Secretariat of Defense Industries.
From January to October, exports totaled $8.05 billion, up 21% compared with the same period in 2025.
Over the 12 months to October, exports rose 37% to $11.36 billion.
Separately, Turkish defense company Aselsan signed a $1.1 billion air defense contract with an overseas customer.
Aselsan has not named the buyer or said which systems it will supply, and it gave no delivery schedule.
The company expects the agreement to boost its revenue, but no further details about the contract were provided.
Turkey’s defense and aerospace exports rose 61 percent year-on-year to $1.14 billion in October, according to the head of the Secretariat of Defense Industries.
Exports reached $8.05 billion in the first 10 months of the year, up 21 percent from the same period in 2025.
Over the trailing 12 months, exports grew 37 percent year-on-year to $11.36 billion.
Aselsan signed a $1.1 billion contract to supply air defense systems to an overseas customer.
The company did not identify the buyer, specify the systems or give a delivery schedule.
- Who
- Turkey’s defense and aerospace sector, and defense company Aselsan.
- What
- October exports rose 61 percent year-on-year to $1.14 billion. Aselsan also signed a $1.1 billion air defense systems contract with an overseas customer.
- When
- October 2026. Aselsan said it signed the contract on Nov. 3.
- Where
- Turkey; the contract is with an overseas customer whose location was not stated.
- Why
- The sources report the export increase but do not state its cause. Aselsan said the contract was expected to boost its revenue.
This story does not have two clearly opposing sides.
Turkey’s defense and aerospace exports reached $1.14 billion, up 61 percent year-on-year.
Aselsan said it had signed a $1.1 billion contract to supply air defense systems to an overseas customer.
- October 2026 exports
- $1.14 billion
- Year-on-year October export growth
- 61 percent
- January-October exports
- $8.05 billion
- Trailing 12-month exports
- $11.36 billion
- Aselsan contract
- $1.1 billion
What people are saying
In October, our exports reached $1.14 billion, an increase of 61% compared to the same month last year