Where Does ASELSAN Rank Globally?
Where does ASELSAN rank globally? By the most common reference, the Defense News Top 100, ASELSAN has in recent years placed within the top 50 of the world’s largest defence companies (about 48th on the ranking based on 2024 data). Below we look at what this ranking means and ASELSAN’s upward trend.
How is the ranking measured?
The best-known ranking of the world’s defence companies is the Top 100 published each year by the US-based magazine Defense News. It ranks companies mainly by defence revenue. ASELSAN has steadily placed within the top 50 in recent years, shown at about 48th on the ranking based on 2024 data. The exact position can change by year and exchange rates.
The upward trend and its meaning
ASELSAN’s position strengthens in line with its rising revenue and growing order backlog (about US$20.4bn in 2025). Being within the top 50 makes ASELSAN a serious global defence-electronics player. But because rankings are in foreign currency, depreciation in the local currency can affect the dollar-based ranking; the figures should therefore be read with care.
| Indicator | Status |
|---|---|
| Reference list | Defense News Top 100 |
| Ranking metric | Defence revenue (USD) |
| ASELSAN position | Within top 50 (~48th, 2024 data) |
| Trend | Rising with revenue and backlog |
Frequently asked questions
Where does ASELSAN rank globally?
By the Defense News Top 100, ASELSAN has placed within the top 50 in recent years — about 48th on the ranking based on 2024 data.
What is the world’s largest defence company ASELSAN ranks as?
About 48th by defence revenue (2024 data); the exact position can change by year and exchange rate.
Is ASELSAN Turkey’s largest defence company?
Yes. ASELSAN is Turkey’s largest defence company by revenue and headcount.
Why does ASELSAN’s ranking change?
Because rankings are based on dollar defence revenue, exchange rates and annual revenue changes affect the position.
Sources
- Defense News Top 100 lists and ASELSAN annual reports (2024–2026).
- Images: Wikimedia Commons (attributions under each image).
Related: What is ASELSAN?
