Turkish Defense Company to Open Offices in Pakistan. Turkey’s giant security ASELSAN (Askeri Elektronik Sanayi, Military Electronic Industries) is preparing to launch its Pakistan offices as of 1 January 2020.
As it seeks to extend its security transactions with Pakistan, the company is looking to improve its advertising opportunities. According to the Turkish media, it is also likely to open its base in Ukraine.
Turkey and Pakistan are traditional allies, whose relationship is close and harmonious. The recent merger of military interests is unparalleled, suggesting a convergence of both nations ‘ national interests.
Pakistan’s defense industry is growing, and it wants to gain ground on the global market.
Aselsan revealed that in November 2019, ASFAT A.S (Military Factory and Shipyard Management Inc) had awarded the company a € 176.9 million contract to supply subsystems for the four MILGEM (i.e., Jinnah-class) multi-mission corvettes / light frigates of the Pakistan Navy.
This was Aselsan’s second-largest contract involving Pakistan–the first for the Pakistan Army’s T129 ATAK helicopter attack program in July was a $254.73 million US offer.
Pakistan’s Ministry of Defense Production (MoDP) signed a contract for the four MILGEMs with ASFAT A.S in July 2018. The MILGEM contract in Pakistan is reportedly worth US$ 1.5 billion.
The four ships are due by 2023-2024 to be delivered to the Pak Navy, with the first ship set to arrive in 2022-2023.
Under the contract, two of the ships will be constructed by Pakistan’s Karachi Shipyard & Engineering Works (KSEW), the other two being built in Turkey. Pakistan will also provide “full technology transfer and IP transfer for (MILGEM) development.”
In the meantime, Pakistan is ASELSAN’s top buyer of military hardware— as of late May 19, Pakistan Navy brought ASELSAN’s’ torpedo rockets’ created to counteract short-lived activities.
ASELSAN is engaged in the manufacture of military equipment designing, developing and producing modern electronic systems for military and industrial customers, well-known worldwide for the manufacture of electronic warfare, weapons, control and navigation systems.
It sells its products to 65 countries at the moment, and the company aims to expand its defense transactions.
The business also has branches in the Philippines, Azerbaijan, Qatar, Jordan, Kuwait, Saudi Arabia, Indonesia, South Africa, the United Arab Emirates, and Northern Macedonia. In the countries it operates, the company’s localization efforts improve its export potential. Turkish general managers run offices and hire local staff.
It is expected that ASELSAN will close 2019 with revenue of $2.9 billion compared to $1.87 billion in 2018.
ASELSAN placed 52nd in the world with $1.8 billion in defense sales last year, according to the Defense News Top 100 list 2018.
Another report released on Monday by the Swedish-based Stockholm International Peace Research Institute (SIPRI) also revealed that ASELSAN was ranked 54th among the top 100 defense firms. News report on Turkish Defense Company to Open Offices in Pakistan.