Aselsan Elektronik Sanayi ve Ticaret Anonim Sirketi : 2020 ASELSAN Annual Report
Annual Report 2020
The success achieved by our defense industry with the vision of our state's national technology move draws attention all over the world. As ASELSAN, the pioneer of our country in our line of business, we operate with great responsibility.
We develop projects that add value to the life not only in the field of defense, but also in different fields. We have made ASELSAN the technology center of Turkey with thousands of employees, suppliers and all our stakeholders.
There are so many things here that carry us to higher levels, apart from technology!
ASELSAN AT A GLANCE
Highlights of 2020
Our Cultural Manifesto
of Financial Position
Management at ASELSAN
Technology and Strategy
of Profit or Loss
Structure and Financial
of Changes in Equity
and Marketing Activities
Main Financial Indicators
of Cash Flow
FIELDS OF ACTIVITY
Guidance and Electro-
Message from President,
Radar and Electronic
Chairman and CEO
Members of the Board of
Energy, Automation and
36 Members of the Executive Board
ASELSAN stocks are traded on Borsa Istanbul with the ASELS symbol.
Please scan the QR code to access the PDF version of our annual report.
Today, ASELSAN has become a brand that exports its original products, takes place in the list of the world's top 100 defense industry companies, establishes partnerships in international markets and makes investments by establishing cooperation models with local organizations.
TRY 18.1 Billion
TRY 3.9 Billion
ASELSAN, which was founded in
1975 to meet the communication needs of the Turkish Armed Forces by national means, is a joint-stock company affiliated to the Turkish Armed Forces Foundation (TAFF). 74.20%
of ASELSAN shares are owned by TAFF, and 25.80% is traded on Borsa Istanbul (BIST).
Today, ASELSAN has become a brand that exports its original products, takes place in the list of the world's top 100 defense industry companies (Defense News Top 100), establishes partnerships in international markets and makes investments by establishing cooperation models with local organizations.
Net Profit for the Period
TRY 4.5 Billion
ASELSAN, the largest defense electronics company in Turkey, has a wide range of products that can meet the communication and information technologies, radars and electronic warfare, electro-optics, avionics, unmanned systems, land, naval and weapon systems, air defense and missile systems, command and control systems, transportation, security, traffic, automation and health technology needs of domestic and international authorities, especially Turkish Armed Forces.
ASELSAN, together with the emphasis on technology in its vision, has adopted the goal of being "a national technology company that maintains its sustainable growth through the values it created in the global market, is preferred with its competitive power, is trusted as a strategic partner, and caring for the environment and people."
One of the key factors of this success is its more than 8,000 employees, including qualified engineering staff. ASELSAN allocates an average of 7% of its annual return to R&D activities it funded by its shareholders' equity.
There is growth here
Despite all the negativities and uncertainties caused by the Covid-19 pandemic on a global scale, as ASELSAN, we became one of the companies, the market value of which was least affected in this process, ranked within the first 4 among the publicly traded companies in the Defense News Top 100 companies.* In 2020, we achieved our goals in terms of revenue, growth and profitability.
TRY 16.1 Billion
* It covers the period of February-May 2020, when the pandemic is most intense.
Aselsan Elektronik Sanayi ve Ticaret AS published this content on 14 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2021 13:43:08 UTC.