The story
Meteksan Defence is established in 2006 as a subsidiary of Bilkent Holding and Bilkent University. The company's first contract was Army Operational Training Center Project. Then "Millimeter Wave Radar Techniques for Land Target Acquisition" and "Naval Warfare Simulation System" projects were awarded through TUBITAK funds.
In 2009, it was designated as a "Center of Excellence in Underwater Acoustics" by Turkey's Undersecretariat for Defense Industries, the first such center established as part of a Turkish government initiative to increase the output of its local defense industries. Since 2010 Meteksan launched a product oriented strategy within the defense electronics and has become one of the fastest growing private-sector companies of defense industry in Turkey.
Meteksan demonstrates a performance higher than international industry benchmark, and reveals more than 250,000 USD revenue per employee. The company operates a successful network of suppliers and SMEs; maximizes direct personnel efficiency ratio to its highest in Turkish defense industry, while minimizing overhead to total expense ratio.
From Wikipedia’s article on Meteksan Savunma, shared under CC BY-SA 4.0.4