Business · Companies · 14 hrs ago
Aselsan's order backlog rises to $30.7 billion
Turkish defense and electronics company Aselsan reported a $30.7 billion order backlog at the end of the last quarter.
The figure was also given as TL 1.53 trillion.
An order backlog is the value of orders a company has received but not yet completed.
Aselsan said the increase came amid strong demand for its air defense products.
The backlog shows the scale of orders awaiting fulfillment, but no delivery timetable is provided.
No further developments or next steps are stated.
Aselsan's order backlog rose to $30.7 billion.
The backlog was also reported as TL 1.53 trillion.
The figure was recorded at the end of the last quarter.
The rise was attributed to strong demand for Aselsan's air defense products.
- Who
- Aselsan, a Turkish defense and electronics company.
- What
- Its order backlog rose to $30.7 billion, or TL 1.53 trillion.
- When
- As of the end of the last quarter; the quarter is not specified.
- Where
- Turkey.
- Why
- Strong demand for its air defense offerings.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Order backlog
- $30.7 billion
- Local-currency value
- TL 1.53 trillion
- Reporting point
- End of the last quarter