ASELSAN and SSB Sign USD 195 Million Radar Systems Contract, Fifth Deal of the Week
ASELSAN disclosed on October 7, 2026 that it signed a USD 195 million contract with the Presidency of Defence Industries (SSB) for the supply of radar systems. The filing to Turkey’s Public Disclosure Platform (KAP) lists the same day as the start date of the new business relationship.
What the Filing Says — and Doesn’t
ASELSAN’s disclosure describes the contract subject as “radar systems procurement” and confirms SSB as the counterparty. It does not specify the radar class involved — whether search, fire-control, air-defense, or another type — nor does it give unit quantities or a delivery schedule. The company said the deal would positively affect revenue, and the filing repeats ASELSAN’s standard note that SSB represented 30.6 percent of net sales in its latest income statement and 37.8 percent of trade receivables on its latest balance sheet.
The Fifth Contract in a Week
This radar deal was the fifth contract ASELSAN disclosed to KAP in the first week of October. The sequence ran: a EUR 1.0085 billion long-range air defense serial-production addendum with SSB on October 1, a EUR 488.5 million air-defense export contract on October 2, a EUR 2.46 billion hybrid air defense contract with SSB on October 5, a USD 157.9 million electronic warfare and communications export deal on October 6, and finally this USD 195 million radar contract on October 7. Industry compilations put the week’s combined disclosures at over EUR 5 billion and USD 350 million.
Where Radar Fits Strategically
Radar systems form the sensing layer of an air defense architecture and are typically procured under separate contracts from missile or gun systems. ASELSAN’s radar portfolio spans search-and-track systems to AESA-based multifunction radars, and the company supplies both programs like SİPER and HİSAR and national radar efforts tied to F-16 fleet modernization. However, the KAP filing does not link this specific contract to any named program, so any such connection remains speculative rather than confirmed.
Sustained domestic radar procurement aligns with Turkey’s stated goal of building sensing infrastructure without import dependence. Defense industry officials have repeatedly said in recent months that domestic radar development has reached a level compatible with NATO standards and suitable for export.
Market and Financial Context
ASELSAN shares drew close market attention after five consecutive KAP filings in the first week of October. The company is scheduled to publish its financial results for the July–September 2026 quarter on October 27, 2026, which should provide the first concrete indication of how this contract chain feeds into its order backlog.
ASELSAN’s Position Among Radar Suppliers
ASELSAN stands as Turkey’s near-sole large-scale domestic radar supplier, developing products for land, sea, and air platforms alike. Its radar division contributes a meaningful share of the country’s defense export figures, and SSB officials have repeatedly argued that domestic radar technology has moved beyond serving as a substitute for imported systems and now leads in some categories. This contract series can be read as part of a dual strategy: meeting the Turkish military’s internal procurement needs while expanding ASELSAN’s track record for foreign buyers.
Industry observers note that the total value of contracts ASELSAN disclosed during 2026 has surpassed USD 10 billion, with most of that growth driven by domestic procurement deals with SSB, though the export side has also expanded steadily.
Sources
ASELSAN Elektronik Sanayi ve Ticaret A.Ş., Public Disclosure Platform (KAP) filing, “New Business Relation,” October 7, 2026 — primary and sole source for the contract amount, parties, and date.
