Aselsan Sıgns Eur120.3m Deal Wıth Turkısh Defense Mınıstry

Military electronics firm Aselsan Elektronik Sanayi ve Ticaret AS (ASELS

Military electronics firm Aselsan Elektronik Sanayi ve Ticaret AS (ASELS.IS) said Thursday it has signed a EUR120.3 million contract with the Turkish Defense Ministry for the project designdevelopment of an air defense weapon system35 mm Oerlikon gun.

At 1510 GMT, shares in Aselsan were trading on the Istanbul Stock Exchange down 2.34% at TRY12.50, compared with a 1.59% lower overall market.
(SB-SB-ENG)