Friday, June 24, 2011

Aselsan Wins $1B Turkish Air Defense Contract

Turkey's largest defense company, Aselsan, has penned a 721 million euro ($1 billion) contract to sell low- and medium-altitude air defense systems to the Turkish military. This is the largest contract awarded to a local company this year.Aselsan said the low-altitude contract is worth 471 million euros, and the medium-altitude contract is worth 250 million euros.
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