Who does ARCA belong to? Is it a state-owned enterprise? Interpretation of the equity structure.

Last updated: July 25, 2026
Who owns ARCA? Is it a state-owned enterprise? Short answer: ARCA is not a state-owned enterprise. The company claims to be a 100% domestically capitalized private industrial enterprise, with all income derived from exports. A common misconception is confusing ARCA with the Turkish state-owned ammunition company MKE—these are two different companies.

Equity Structure
ARCA is a privately held joint-stock company. The company claims on its website to be a 100% domestically capitalized industrial enterprise with integrated production from raw materials to finished products. The exact shareholding ratio should be based on official registration rather than unverified claims.
| Item | Information |
|---|---|
| Type | Private joint-stock company |
| Capital | 100% domestic (company statement) |
| Ownership | Private (not state-owned) |
| Listed | Not listed (no official IPO) |
| Established | 2020 (Ankara); production started in 2022 (Sungurlu) |
| Headquarters | Ankara Çankaya |
ARCA is not MKE
Turkey’s ammunition production has long been associated with the state-owned MKE. ARCA is a private newcomer established in 2020. Both produce mortar shells and artillery ammunition, but their ownership, establishment dates, and legal identities are completely different.

Frequently Asked Questions
Who owns ARCA?
ARCA Savunma Sanayi Ticaret A.Ş. is a joint-stock company with 100% Turkish private capital. The exact shareholding ratio is not publicly disclosed and should not be speculated.
Is ARCA a state-owned enterprise?
No. ARCA is neither a state-owned enterprise nor a government agency. The company describes itself as an industrial enterprise with 100% domestic capital, with all income derived from exports.
Are ARCA and MKE the same company?
No. MKE is a long-established state-owned enterprise; ARCA is a private company established in 2020. Both produce ammunition but are different legal entities.
Is ARCA affiliated with the Defense Industry Agency (SSB)?
No. The Defense Industry Agency is a government procurement agency and not a business owner. As a private supplier, ARCA can collaborate on projects with it.
Is ARCA listed?
According to public information, ARCA is not a publicly traded company, its shares are not offered to retail investors, and there is no official IPO announcement.
Sources
- ARCA official website (July 2026).
- SAHA Istanbul and SASAD archives.
- Public registration records.
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