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EconomicCanada·30 Oct 2026

CIEL Defence and ASELSAN Sign MoU for Canadian Defence Industrial Cooperation

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On October 23, 2026, CIEL Defence, the defence-focused investment arm of the Canadian firm CIEL Capital, signed a memorandum of understanding with the Turkish defence technology company ASELSAN. The agreement established a framework to explore opportunities for developing majority Canadian-owned defence industrial capabilities. ASELSAN, ranked 40th in the…

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