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April 4, 2018Barbaros Under Modernization

ASELSAN has made an announcement on the Public Disclosure Platform. According to the statement, a contract was signed between the partnership of ASELSAN and HAVELSAN and the Undersecretariat for Defence Industries (SSM) regarding the half-life modernization of Barbaros Class Frigates. ASELSAN's share of the contract signed on April 3 was announced as 175 million 783 thousand Euros and 457 million 491 thousand TL. Deliveries under the contract will take place until 2025.