ROKN’s New Amphibious Assault Ship To Be Commissioned in 2020
May 4, 2018Cobra II Will Carry 2,5 Ton Payload
May 7, 2018ASELSAN Will Allocate Funds for Innovation, R&D and JVs
ASELSAN shared the investment plan presented for approval by the Capital Markets Board from its website. The announcement also included a report on the use of the funds gained by the increase of capital. ASELSAN stated that revenues will be mainly used for the purpose of expanding the company. According to the information in the report, the firm will allocate about 40 percent of its revenues for investment in innovation areas. 30 percent of the revenue will be reserved for possible mergers and acquisitions and international cooperation; while 20 percent will be used for equity-funded R & D activities.