Aselsan, the leading Turkish defense systems producer, has climbed up on a list of the world’s top 100 defense giants, compiled by the prestigious U.S. weekly Defense News.
Based on 2013 figures, this year’s list ranks military electronics deem Aselsan 67th, compared to 74th last year.
Global defense leaders on the ranking list did not change compared with the previous year, with U.S. aircraft-building giant Lockheed Martin retaining the top spot as the world’s largest defense contractor. Aselsan’s 2013 defense revenue was slightly over $1 billion, up from $862 million a year ago, while its total revenue in 2012 was $906 million. […]