According to Defence News’ 2025 Top 100 list, five Turkish defence companies have made it into the world’s 100 most valuable defence firms.
Aselsan was the highest-ranked Turkish company, coming in 43rd with revenues of $3.54 billion. Turkish Aerospace Industries (TAI) ranked 47th, Roketsan 71st, Asfat 78th, and MKE 80th.
Compared to last year, TAI climbed three places, ASFAT rose 16 places, and MKE moved up four.
Türkiye’s Defence Industries Secretary Haluk Gorgun said the results reflect the determination of Turkish engineers, the synergy of the country’s defence sector, and public trust.
“Our sustainable growth strategy is not only a guarantee of today’s success but also of tomorrow’s global leadership. The Turkish defence industry will continue to rise with its strong projection, innovative vision, and goal of full independence,” Gorgun wrote on the Turkish social media platform NSosyal.
Global Rankings
The top 10 companies on the list included six from the U.S., two from China, and one each from the UK and France. Lockheed Martin retained its top spot with $68.39 billion in revenue, followed by RTX and China Aerospace Science and Industry Corporation. Northrop Grumman ranked fourth, General Dynamics fifth, and BAE Systems sixth.
Boeing came seventh, China State Shipbuilding Corporation Limited eighth, L3Harris Technologies ninth, and Thales tenth.
Overall, the list featured 48 firms from the U.S., six from the UK, five each from Türkiye, France and China, four from Germany, and three each from South Korea and Israel.
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