Turkey’s defense giant Aselsan signs $20 mln deal with Metro Istanbul

ISTANBUL

Turkey’s leading defense and electronic systems company Aselsan has signed a big deal with Metro Istanbul to extend and renovate a metro line which connects the Old City with the Esenler Coach Station and Atatürk Airport.

The deal, worth 110 million Turkish Liras ($20 million), includes the supplying and commissioning of the on-vehicle signalization equipment until 2023, according to a statement by Aselsan to the Public Disclosure Platform on Feb. 4.

“An agreement regarding the procurement and commissioning of Yenikapı-Otogar-Havalimanı-Kirazlı-Halkalı Metro Onboard Signalization System for the needs of Istanbul Metropolitan Municipality has been signed between Aselsan and Metro Istanbul Sanayi ve Ticaret A.Ş.,” the statement read.

Last year, Istanbul Metropolitan Municipality announced a project to transform M1A an M1B to automated metro lines that will serve with driverless vehicles. M1B line will be extended from the Kirazlı neighborhood of Bağcılar district to the Halkalı neighborhood of Küçükçekmece district with new nine stations.