ASELSAN has risen to 52nd place in the list of the world's top 100 defense industry companies.

ASELSAN, an organization established by the Turkish Armed Forces Strengthening Foundation, continued its upward trend, climbing to 52nd place on the list published by the US-based military publishing organization Defense News magazine.

ASELSAN, which entered the Defense News Top 100 list of the world's top 100 defense companies in 2006, had risen to 55th place last year. This year, with new projects undertaken, ASELSAN improved its performance and climbed three places to 52nd with a turnover approaching $1.8 billion.

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