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Türmersan Defence Industry

Airinmar, a subsidiary of AAR (NYSE: AIR), signed a new multi-year services agreement with Turkish-based low-cost carrier Pegasus.

Airinmar Partners with Pegasus for Warranty Management Services

DUBAI (Reuters) - An Airbus spokesperson said on Monday that the aircraft manufacturer and Turkish Airlines had reached an agreement in principle for a “significant order for commercial aircraft”.

Tentative agreement for the order of Turkish Airlines

Havelsan has successfully test-fired different types of munition from its Barkan-2 UGV using a hydro-launch from a single turret.

Havelsan's Barkan UGV Advances Swarming Capabilities with Varied Munition Firing

EDGE, one of the world's leading advanced technology and defence groups, is proud to be attending a dedicated industry summit in Trkiye, hosted exclusively for EDGE by SAHA Istanbul, a respected association representing more than 1,000 Turkish defence companies.

EDGE and SAHA Istanbul Forge Strategic Collaboration at Exclusive Industry Summit

ASELSAN, which takes responsibility for electric vehicle conversion with the national technologies it has developed, is preparing for new tasks with its capabilities.

ASELSAN transforms transportation with national technologies

German defence contractor Renk has set the price range for its initial public offering (IPO) at between 15-16 euros ($15.7-$16.8), with the books oversubscribed at that range, a bookrunner on the deal said on Tuesday.

Renk IPO Sets Price Range at 15-16 Euros

Renk IPO aims for market cap of 1.8 bln euros. Renk IPO aims for market cap of 1.8 bln euros By Reuters Published: 01:44 EDT, 25 September 2023 | Updated: 01:44 EDT, 25 September 2023 FRANKFURT, Sept 25 (Reuters) - German defence contractor Renk said on Monday it would price its IPO at 15 to 18 euros per share, which would give it a potential valuation of up to 1.8 billion euros ($1.92 billion).

Renk IPO Targets 1.8 Billion Euro Market Cap

The Augsburg-based engineering company Renk is planning to raise up to 500m (£397m) from the sale of shares on the stock market.

Drive specialist Renk is preparing to go public

Turkish Airlines has confirmed its decision to acquire 10 more Airbus A350s as part of its expansion strategy, including the A350-900s.

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