{"id":2326,"date":"2026-05-02T12:47:51","date_gmt":"2026-05-02T09:47:51","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=2326"},"modified":"2026-05-02T12:48:19","modified_gmt":"2026-05-02T09:48:19","slug":"asels-2026-03-faaliyet-raporu-analizi-aselsan-elektronik","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/2326","title":{"rendered":"\ud83d\udd35 ASELS 2026-03 Faaliyet Raporu Analizi | Aselsan Elektronik"},"content":{"rendered":"<h1>ASELSAN Y\u00f6netim Kurulu Faaliyet Raporu (31 Mart 2026): Stratejik ve Finansal Analiz Bilgi Notu<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu bilgi notu, ASELSAN\u2019\u0131n 1 Ocak \u2013 31 Mart 2026 d\u00f6nemini kapsayan Y\u00f6netim Kurulu Faaliyet Raporu\u2019ndan sentezlenen kritik verileri ve stratejik i\u00e7g\u00f6r\u00fcleri sunmaktad\u0131r. ASELSAN, 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde T\u00fcrkiye\u2019nin teknolojik d\u0131\u015fa ba\u011f\u0131ml\u0131l\u0131\u011f\u0131n\u0131 azaltma misyonu do\u011frultusunda hem finansal hem de operasyonel olarak b\u00fcy\u00fcmesini s\u00fcrd\u00fcrm\u00fc\u015ft\u00fcr.<\/p>\n<p><b>Kritik \u00c7\u0131kar\u0131mlar:<\/b><\/p>\n<ul>\n<li><b>Finansal B\u00fcy\u00fcme:<\/b> 31 Mart 2026 itibar\u0131yla has\u0131lat, ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re %15 artarak 34,3 Milyar TL\u2019ye ula\u015fm\u0131\u015ft\u0131r.<\/li>\n<li><b>Devasa Yat\u0131r\u0131m:<\/b> Cumhuriyet tarihinin tek seferde yap\u0131lan en b\u00fcy\u00fck savunma yat\u0131r\u0131m\u0131 olan 1,5 Milyar ABD Dolar\u0131 de\u011ferindeki O\u011fulbey yerle\u015fkesi yat\u0131r\u0131m\u0131 ba\u015flat\u0131lm\u0131\u015ft\u0131r.<\/li>\n<li><b>\u0130\u015f Hacmi:<\/b> \u015eirketin 31 Mart 2026 itibar\u0131yla imzalanm\u0131\u015f, y\u0131llara yayg\u0131n s\u00f6zle\u015fmeli proje tutar\u0131 (bakiye sipari\u015fleri) 20,7 Milyar ABD Dolar\u0131 seviyesindedir.<\/li>\n<li><b>K\u00fcresel Konum:<\/b> Defense News Top 100 listesinde 2025 y\u0131l\u0131 itibar\u0131yla 43. s\u0131rada yer alan \u015firket, s\u00fcrd\u00fcr\u00fclebilir b\u00fcy\u00fcme hedefleri do\u011frultusunda k\u00fcresel marka bilinirli\u011fini art\u0131rmaktad\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. Kurumsal Kimlik, Vizyon ve Misyon<\/h2>\n<p>ASELSAN, kara, hava, deniz ve uzay platformlar\u0131nda y\u00fcksek teknoloji sistem \u00e7\u00f6z\u00fcmleri geli\u015ftiren, T\u00fcrk Silahl\u0131 Kuvvetlerini G\u00fc\u00e7lendirme Vakf\u0131\u2019n\u0131n (TSKGV) bir kurulu\u015fudur.<\/p>\n<ul>\n<li><b>Vizyon:<\/b> Milli amac\u0131n gereklerini yerine getirerek, k\u00fcresel pazarda tercih edilen, g\u00fcven duyulan, \u00e7evreye ve insana duyarl\u0131 bir teknoloji firmas\u0131 olmak.<\/li>\n<li><b>Misyon:<\/b> Elektronik teknolojileri ve sistem entegrasyonu alan\u0131nda katma de\u011feri y\u00fcksek, yenilik\u00e7i \u00e7\u00f6z\u00fcmler sunarak T\u00fcrkiye&#8217;nin teknolojik d\u0131\u015fa ba\u011f\u0131ml\u0131l\u0131\u011f\u0131n\u0131 azaltmak ve halk\u0131na gurur veren bir savunma \u015firketi olmak.<\/li>\n<\/ul>\n<h3>Organizasyon Yap\u0131s\u0131<\/h3>\n<p>\u015eirket faaliyetleri alt\u0131 ana Sekt\u00f6r Ba\u015fkanl\u0131\u011f\u0131 alt\u0131nda y\u00fcr\u00fct\u00fclmektedir:<\/p>\n<ol>\n<li>Haberle\u015fme ve Bilgi Teknolojileri (HBT)<\/li>\n<li>Mikroelektronik ve Elektro-Optik Sistemler (MEOS)<\/li>\n<li>Aviyonik ve G\u00fcd\u00fcm Sistemleri (AGS)<\/li>\n<li>Savunma Sistem Teknolojileri (SST)<\/li>\n<li>Radar ve Elektronik Harp Sistemleri (REH\u0130S)<\/li>\n<li>Ula\u015f\u0131m, G\u00fcvenlik, Enerji, Otomasyon ve Sa\u011fl\u0131k Sistemleri (UGES)<\/li>\n<\/ol>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>2. Finansal Performans ve 2026 Hedefleri<\/h2>\n<p>ASELSAN, 2026 y\u0131l\u0131 i\u00e7in iddial\u0131 finansal hedefler belirlemi\u015ftir. \u015eirketin finansal tablolar\u0131 TMS 29 (Y\u00fcksek Enflasyonist Ekonomilerde Finansal Raporlama) uyar\u0131nca d\u00fczeltilerek sunulmaktad\u0131r.<\/p>\n<h3>2026 Y\u0131l\u0131 Finansal Hedefleri (TMS 29 Dahil)<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Metrik<\/td>\n<td>Hedef<\/td>\n<\/tr>\n<tr>\n<td>Gelir Art\u0131\u015f\u0131<\/td>\n<td>&gt;%10<\/td>\n<\/tr>\n<tr>\n<td>Kur Fark\u0131ndan Ar\u0131nd\u0131r\u0131lm\u0131\u015f FAV\u00d6K Marj\u0131<\/td>\n<td>&gt;%24<\/td>\n<\/tr>\n<tr>\n<td>Yat\u0131r\u0131m Harcamalar\u0131<\/td>\n<td>&gt;50.000 Milyon TL<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Temel Finansal Rasyolar (31 Mart 2026 \u0130tibar\u0131yla)<\/h3>\n<ul>\n<li><b>Cari Oran:<\/b> 1,54<\/li>\n<li><b>Br\u00fct K\u00e2r Marj\u0131:<\/b> %30,7<\/li>\n<li><b>D\u00fczeltilmi\u015f FAV\u00d6K Marj\u0131:<\/b> %25,2<\/li>\n<li><b>Net K\u00e2r Marj\u0131:<\/b> %16,2<\/li>\n<li><b>\u0130hracat\u0131n Toplam Has\u0131lat i\u00e7indeki Pay\u0131:<\/b> %14<\/li>\n<\/ul>\n<p>\u015eirketin en \u00f6nemli finansman kaynaklar\u0131, s\u00f6zle\u015fmeler kapsam\u0131nda al\u0131nan avanslar ve esas faaliyetlerden yarat\u0131lan k\u00e2rd\u0131r. 31 Mart 2026 itibar\u0131yla 1.196 Milyon ABD Dolar\u0131 e\u015fde\u011ferinde kredi bakiyesi bulunmaktad\u0131r.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>3. Pazar Analizi ve K\u00fcresel S\u0131ralamalar<\/h2>\n<p>ASELSAN, hem askeri hem de sivil sekt\u00f6rlerdeki faaliyetlerini k\u00fcresel ve yerel trendlerle uyumlu \u015fekilde y\u00fcr\u00fctmektedir.<\/p>\n<ul>\n<li><b>K\u00fcresel Savunma Harcamalar\u0131:<\/b> 2025 y\u0131l\u0131nda d\u00fcnya genelinde savunma harcamalar\u0131 %2,9 art\u0131\u015fla 2,9 Trilyon ABD Dolar\u0131\u2019na ula\u015fm\u0131\u015ft\u0131r.<\/li>\n<li><b>T\u00fcrkiye\u2019nin Konumu:<\/b> T\u00fcrkiye, 2025 y\u0131l sonu itibar\u0131yla 30 Milyar ABD Dolar\u0131 savunma harcamas\u0131 ile d\u00fcnyada 18. s\u0131rada yer almaktad\u0131r (Harcama\/GSYH oran\u0131 %1,9).<\/li>\n<li><b>Kurumsal Ba\u015far\u0131 S\u0131ralamalar\u0131:<\/b>\n<ul>\n<li><b>\u0130deal \u0130\u015fverenler (M\u00fchendislik ve BT):<\/b> 1. S\u0131ra (2025)<\/li>\n<li><b>Ar-Ge Top 100 Ara\u015ft\u0131rmas\u0131:<\/b> 2. S\u0131ra (2024)<\/li>\n<li><b>Linkedin Top Companies:<\/b> 4. S\u0131ra (2025)<\/li>\n<li><b>\u0130SO 500 B\u00fcy\u00fck Sanayi \u015eirketi:<\/b> 17. S\u0131ra (2024)<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>4. Stratejik Yat\u0131r\u0131mlar ve Ar-Ge Faaliyetleri<\/h2>\n<p>ASELSAN, teknoloji geli\u015ftirme kapasitesini art\u0131rmak i\u00e7in b\u00fcy\u00fck \u00f6l\u00e7ekli altyap\u0131 yat\u0131r\u0131mlar\u0131na devam etmektedir.<\/p>\n<h3>O\u011fulbey Yerle\u015fkesi ve Kritik Teknolojiler<\/h3>\n<p>\u015eirket, Ankara O\u011fulbey\u2019de 6.500 d\u00f6n\u00fcml\u00fck yeni bir alan\u0131 b\u00fcnyesine katarak mevcut alan\u0131n\u0131 iki kat\u0131ndan fazlas\u0131na \u00e7\u0131karm\u0131\u015ft\u0131r. 1,5 Milyar ABD Dolar\u0131 de\u011ferindeki bu yat\u0131r\u0131m ile:<\/p>\n<ul>\n<li><b>\u00c7EL\u0130KKUBBE<\/b> Hava Savunma Sistemleri ba\u015fta olmak \u00fczere kritik teknolojilerin seri \u00fcretimi yap\u0131lacakt\u0131r.<\/li>\n<li>Radar, sens\u00f6r ve ak\u0131ll\u0131 m\u00fchimmat elektroni\u011fi alanlar\u0131nda \u00fcretim yetkinlikleri art\u0131r\u0131lacakt\u0131r.<\/li>\n<\/ul>\n<h3>Di\u011fer \u00d6nemli Yat\u0131r\u0131mlar<\/h3>\n<p>&#8220;2030 Sanayi ve Teknoloji Stratejisi&#8221; kapsam\u0131nda 616 Milyon ABD Dolar\u0131 de\u011ferinde \u00fc\u00e7 b\u00fcy\u00fck yat\u0131r\u0131m te\u015fvik almaya hak kazanm\u0131\u015ft\u0131r:<\/p>\n<ol>\n<li>Foton Dedekt\u00f6r ve Nanoteknoloji Tesisi<\/li>\n<li>Radar Sistem Entegrasyon ve \u00dcretim Tesisi<\/li>\n<li>Hava Savunma Sistemleri ve Ak\u0131ll\u0131 M\u00fchimmat \u00dcretim Tesisi<\/li>\n<\/ol>\n<h3>Ar-Ge G\u00fcc\u00fc<\/h3>\n<p>ASELSAN b\u00fcnyesinde 11 adet Ar-Ge Merkezi bulunmakta ve bu merkezlerde toplam <b>10.271 ki\u015fi<\/b> g\u00f6rev yapmaktad\u0131r. \u015eirket, \u00fcniversitelerle i\u015f birliklerini derinle\u015ftirmekte ve KOB\u0130&#8217;ler ile g\u00fc\u00e7l\u00fc bir yan sanayi ekosistemi olu\u015fturmaktad\u0131r.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>5. Kurumsal Risk Y\u00f6netimi ve S\u00fcrd\u00fcr\u00fclebilirlik<\/h2>\n<p>ASELSAN, risk y\u00f6netimini kurumsal y\u00f6netimin b\u00fct\u00fcnle\u015fik bir par\u00e7as\u0131 olarak ele almaktad\u0131r. Riskler d\u00f6rt ana kategoride takip edilmektedir:<\/p>\n<ol>\n<li><b>Stratejik Riskler:<\/b> B\u00fcy\u00fcme, pazar pay\u0131 ve teknolojik de\u011fi\u015fimlerin y\u00f6netimi.<\/li>\n<li><b>Operasyonel Riskler:<\/b> \u00dcretim, tedarik zinciri, insan kaynaklar\u0131 ve siber g\u00fcvenlik (en \u00fcst seviyede g\u00fcvenlik politikalar\u0131).<\/li>\n<li><b>Finansal Riskler:<\/b> Kur, likidite ve faiz riskleri. Kur riskini y\u00f6netmek i\u00e7in &#8220;bilan\u00e7o i\u00e7i y\u00f6ntemler&#8221; ve ihracatla uyumlu d\u00f6viz kredisi kullan\u0131m\u0131 tercih edilmektedir.<\/li>\n<li><b>Uyum Riskleri:<\/b> Mevzuat ve etik ilkelere tam uyum.<\/li>\n<\/ol>\n<h3>\u0130klim De\u011fi\u015fikli\u011fi ve S\u00fcrd\u00fcr\u00fclebilirlik<\/h3>\n<ul>\n<li>ASELSAN, B\u0130ST S\u00fcrd\u00fcr\u00fclebilirlik 25 Endeksi&#8217;nde t\u00fcm kategorilerde <b>A+ notu<\/b> alarak yer almaktad\u0131r.<\/li>\n<li>Karbon Saydaml\u0131k Projesi (CDP) kapsam\u0131nda su y\u00f6netimi kategorisinde <b>lider<\/b> unvan\u0131n\u0131 korumaktad\u0131r.<\/li>\n<li>2026 K\u00fcresel Riskler Raporu uyar\u0131nca iklim de\u011fi\u015fikli\u011fi riskleri proaktif olarak y\u00f6netilmektedir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>6. \u0130nsan Kaynaklar\u0131 ve Operasyonel Bilgiler<\/h2>\n<ul>\n<li><b>\u0130stihdam:<\/b> 31 Mart 2026 itibar\u0131yla ortalama personel say\u0131s\u0131 <b>16.243 ki\u015fidir<\/b>. Y\u0131l\u0131n ilk \u00e7eyre\u011finde 1.619 ki\u015fi i\u015fe al\u0131nm\u0131\u015f, 481 ki\u015fi i\u015ften ayr\u0131lm\u0131\u015ft\u0131r.<\/li>\n<li><b>E\u011fitim:<\/b> Nitelikli i\u015f g\u00fcc\u00fc yeti\u015ftirmek amac\u0131yla ASELSAN Akademi ve ASELSAN Mesleki ve Teknik Anadolu Lisesi (MTAL) faaliyetlerine devam etmektedir.<\/li>\n<li><b>Ortakl\u0131k Yap\u0131s\u0131:<\/b> \u015eirket sermayesinin %74,2\u2019si TSKGV\u2019ye ait olup, %25,8\u2019i Borsa \u0130stanbul\u2019da halka a\u00e7\u0131kt\u0131r.<\/li>\n<li><b>K\u00fcresel Varl\u0131k:<\/b> \u015eirketin Katar, Polonya, Ukrayna, Romanya ve Arnavutluk gibi bir\u00e7ok \u00fclkede \u015fubeleri ve ofisleri bulunmaktad\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>7. Hukuki S\u00fcre\u00e7ler ve \u00d6nemli Notlar<\/h2>\n<p>31 Mart 2026 itibar\u0131yla grup taraf\u0131ndan y\u00fcr\u00fct\u00fclen hukuki i\u015flemlerin \u00f6zeti \u015fu \u015fekildedir:<\/p>\n<ul>\n<li>Grup taraf\u0131ndan y\u00fcr\u00fct\u00fclen icra takipleri: 1.029.525 Bin TL.<\/li>\n<li>Grup aleyhine a\u00e7\u0131lm\u0131\u015f devam eden davalar: 148.604 Bin TL.<\/li>\n<li><b>Bilan\u00e7o Tarihi Sonras\u0131:<\/b> Raporlama d\u00f6neminden sonra imzalanan s\u00f6zle\u015fmelerin toplam tutar\u0131 143 Milyon ABD Dolar\u0131\u2019d\u0131r.<\/li>\n<li><b>Ba\u011f\u0131\u015flar:<\/b> 2026\u2019n\u0131n ilk \u00e7eyre\u011finde 11 Milyon TL tutar\u0131nda ba\u011f\u0131\u015f yap\u0131lm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<button class=\"simplefavorite-button\" data-postid=\"2326\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>ASELSAN\u2019dan 2026\u2019ya G\u00fc\u00e7l\u00fc Ba\u015flang\u0131\u00e7: 20,7 Milyar Dolarl\u0131k \u0130\u015f Bakiyesi ve Dev Yat\u0131r\u0131mlar!<br \/>\nT\u00fcrk savunma sanayiinin lideri ASELSAN, 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde finansal b\u00fcy\u00fcmesini s\u00fcrd\u00fcrerek has\u0131lat\u0131n\u0131 34,3 milyar TL\u2019ye \u00e7\u0131kard\u0131. Ankara O\u011fulbey&#8217;de temelleri at\u0131lan 1,5 milyar dolarl\u0131k yeni \u00fcretim \u00fcss\u00fc ve &#8220;\u00c7elik Kubbe&#8221; projesine odaklanan vizyonuyla \u015firket, k\u00fcresel pazardaki yerini sa\u011flamla\u015ft\u0131r\u0131yor. \u0130\u015fte 20,7 milyar dolarl\u0131k dev sipari\u015f defteri ve ASELSAN&#8217;\u0131n gelecek hedeflerine dair t\u00fcm detaylar.<\/p>\n","protected":false},"author":3,"featured_media":1297,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[251],"tags":[27],"class_list":["post-2326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faaliyetraporuanalizi","tag-asels"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=2326"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2326\/revisions"}],"predecessor-version":[{"id":2327,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2326\/revisions\/2327"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1297"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=2326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=2326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=2326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}