Page 50 - IDEF 2017

ASELSAN is a company of Turkish Armed Forces Foundation, established in 1975 in order to
meet the communication needs of the Turkish Armed Forces by national means. Currently
(5,43% of the shares are owned by the Foundation whereas the remaining 15,3% runs in
İstanbul Borsa stock market.

ASELSAN is the largest defense electronics company of Turkey whose capability/product
portfolio comprises communication and information technologies, radar and electronic
warfare, electro-optics, avionics, unmanned systems, land, naval and weapon systems, air
defence and missile systems, command and control systems, transportation, security, traffic,
automation and medical systems. Today ASELSAN has become an indigenous products
exporting company, investing in international markets through various cooperation models
with local partners and listed as one of the top 100 defence companies of the world (Defense
News Top 100).

ASELSAN, together with the technology emphasis in its vision, has targeted to be a company
that maintains its sustainable growth by creating value in the global market; preferred due
to its competitiveness, trusted as a strategic partner, and caring for the environment and
people.

Together with the highly qualified engineering staff within more than 5000 employees,
being the main driving factor of the company’s success, ASELSAN allocates 6% of its annual
income for self-financed research and development activities.

Turkish Aircraft Industries Corporation (TUSAS) was established on June 28, 1973 under
the auspices of the Ministry of Industry and Technology in order to reduce the foreign
dependency in defense industry in Turkey.

With the decision of meeting the combat aircraft requirement of Turkish Air Force (TurAF)
with F-16s, TUSAS Aerospace Industries, Inc. (TAI) was established by Turkish and US partners
in 1984 for a period of 25 years with the aim to realize the manufacture, systems integration
and flight tests of F-16 that would be delivered to TurAF.

TAI was restructured in the year 2005, just before the 25 years of period came to an end, with
the acquisition of foreign shares by Turkish shareholders. Along with this restructuring, TAI
and TUSAS have merged under the roof of Turkish Aerospace Industries, Inc. (TAI) and have
broadened its activities. Today, known as Turkish Aerospace Industries, Inc. (TAI) has become
Turkey’s center of technology in design, development, modernization, manufacturing,
integration and life cycle support of integrated aerospace systems, from fixed and rotary
wing air platforms to UAVs and satellites.

50 TURKISH DEFENCE INDUSTRY