ASELSAN surpasses global defence giants in stock market performance

In 2025, shares of defence and aerospace companies rose globally amid increased government spending and international collaborations, with Türkiye’s ASELSAN outperforming major defence corporations, according to SavunmaSanayiST.

The Russian-Ukrainian conflict, coupled with rising security concerns across Europe, prompted many European nations to significantly boost their defence budgets. This expansion drove a sharp increase in the share prices of companies in the defence and aerospace sectors.

A further factor was the reassessment of defence policies in Europe. NATO leaders agreed to raise the share of defence spending to 5% of gross domestic product by 2035, providing an additional stimulus to the market capitalisation of defence and aerospace firms.

In Asia, rising tensions between India and Pakistan also influenced defence and aerospace stock performance. Against this backdrop of heightened geopolitical risk, analysts forecast continued increases in regional defence spending and investment.

By the end of 2025, ASELSAN delivered a remarkable 220% return to investors, the highest among global defence companies, surpassing its international competitors. The company’s market capitalisation on the Istanbul Stock Exchange reached 1.056 trillion Turkish lira, placing it at the top of all companies included in the exchange’s indices.

ASELSAN, a key player in the development and transformation of Türkiye’s defence technologies, is also the largest company by market capitalisation within the BIST 100 index.

The number of countries importing ASELSAN products rose to 95, with three new markets added in the past year. Domestic supplier orders grew by 82% year-on-year, and 103 product lines were localised as part of the company’s efforts to strengthen its production and technology ecosystem.

By Aghakazim Guliyev