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ASELSAN and TURASAS Sign €75 Million Railway Signaling Agreement

ASELSAN, one of Türkiye’s leading defense industry companies, has signed a €75.05 million contract with TÜRASAŞ (Türkiye Rail System Vehicles Industry Inc.) for a Railway Signaling Systems Project.

Deliveries to Be Completed by 2028

According to an official statement submitted by ASELSAN to the Public Disclosure Platform (KAP), the contract includes the delivery of railway signaling systems between 2025 and 2028.

Official Announcement to KAP

In the KAP filing, ASELSAN stated:

“A contract worth a total of €75,050,000 has been signed between ASELSAN and Türkiye Rail System Vehicles Industry Inc. (TÜRASAŞ) for Railway Signaling Systems. Deliveries will take place between 2025 and 2028.”

Source: Patronlar Dünyası/ Prepared by: İlayda Gök

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