Top investments in R&D in Turkey achieved by Defense industry firms
In 2019, Turkishtime journal released a list with Turkey’s top 250 companies according their R&D expenditures. The list was published survey by Turkishtime named Top 250 R&D Companies of Turkey.
Defense industry companies on the list managed to draw attention thanks to their R&D expenditures.
Ranking 1st on the list, TAI was the company that invested the most in R&D with expenditures of 3 billion 14 million Turkish liras.
Following TAI, ASELSAN ranked second on the list with 2 billion 975 million liras.
Roketsan ranked third with 525 million liras and HAVELSAN ranked fifth with 458 million liras, where TEI ranked ninth with 314 million liras.
In the rest of the list, the ranking was as following:
11th FNSS Defence Systems
20th Otokar automotive and defence industry
44th Vestel defence industry
48th Alp aviation
77th Tumosan engine and tractor
82nd Aircraft Seats manufacturing company
155th Nero Industry
157th HAVELSAN Technology Radar
158th BITES Defence & Aerospace
You can find the full list here: Turkishtime’s Top 250 R&D Companies of Turkey