ABOUT HAVELSAN
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HAVELSAN
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Financial Statements
Backlog
HAVELSAN's backlog has increased continuously over the years reaching US $ 1070 million in 2009. At the end of 2009 HAVELSAN had widened its customer portfolio to include military and civil public sectors both in domestic and foreign markets. With a total of 52% Command and Control Systems made up the major share of the company's backlog. Simulator and Training Systems and Management Information Systems contributed 44%. Foreign projects accounted for 34% of backlog.
Sales
Sales, which were around TL 38 million in 2001, reached TL 59 million in 2003, TL 183 million as of the end of 2006, TL 190 million at the end of 2009. In other words, our sales in 2009 have increased 5 fold in comparison to our sales in 2001.
Exports
Our foreign sales has increased from 3,3 million USD in 2001 to 57 million USD in 2009 and accounts for 30% of our total sales.
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HAVELSAN Inc. is a Turkish Armed Forces Foundation Investment.