Bro, ASELSAN's General Manager Akyol made a statement yesterday saying that demand for the company has increased and they have a target of $30 billion. 🤔 When I thought about this news a bit, there are some confusing things too. For example, does ASELSAN's past performance, its position in the defense industry, and its situation in global markets justify this target? Do you think this $30 billion figure is realistic, or is it a bit far-fetched? 🧐 Let's hear your comments and discuss!
Could ASELSAN attract this much interest? Is a $30 billion target realistic?
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Man, honestly, hitting a $30 billion target isn’t that easy for ASELSAN. Looking at the company’s past performance, its 2023 sales were around 42 billion TL (about $1.3 billion). So saying $30 billion means boosting sales by almost 23 times, which sounds like a pretty aggressive goal.
But if you consider its position in the defense industry, it’s grown with domestic and national projects, and exports are rising. It’s expanding into the US, European, and Middle Eastern markets, so demand could increase. Still, to reach $30 billion they’ll need a serious push not just at home but on the global stage, especially while competing with the dominant players in the US and Europe. The key is to know which year this target is for and exactly which projects it’s based on.