Aselsan, AeroVironment and Altoy Defence Industries and Aviation Inc. Agree to Collaborate for Turkish and Other Markets

Issue 55 - September 2014

The Turkish defence industry leader, announced it signed a Memorandum of Understanding on the 6th of June, 2014 with AeroVironment, INC., a worldwide technology solutions provider and leader in unmanned aircraft systems, and Altoy Defence Industries And Aviation Inc., a Turkish joint venture partially owned by AeroVironment.  The agreement establishes the first step towards future collaboration on civil and military avionics, electronics and electro-optical systems, sensors and communication systems.  Solutions for Intelligence Surveillance and Reconnaissance applications such as electro-optical cameras, avionics and communication systems for AeroVironment’s “Global Observer – High Altitude Unmanned Air Vehicle” would be developed and presented to target international markets by Aselsan.

By working together through this agreement, the parties aim to access new markets and explore potential opportunities in multiple countries.