ASELSAN reports 151.5 billion TL revenue in 9 months, backlog exceeds 30 billion dollars

ASELSAN reported revenue of 151.5 billion TL in the first nine months of the year, according to financial results published on the Public Disclosure Platform (KAP).

New orders received during the period totaled 14 billion dollars, while the company's backlog exceeded the 30 billion dollar threshold for the first time in its history. Within the framework of its export-focused growth strategy, newly signed export contracts increased 34 percent to 1.9 billion dollars.

During the same period, investments surged 228 percent to reach 684 million dollars. EBITDA grew 38 percent to 40.6 billion lira, while EBITDA margin expanded by 190 basis points compared to the same period last year to reach 26.8 percent. Trade receivables declined 11 percent compared to the same period of the prior year.

According to the KAP announcement, the ratio of orders received to sales rose to 4.4 in the third quarter, and per-capita revenue increased 4 percent on a dollar basis.

With R&D spending reaching 1.3 billion dollars, the company commissioned the first phase of the Oğulbey Technology Hub, whose foundation was laid in 2025. Robotic and automation infrastructure was also strengthened in the production of air, sea, and land defense systems.