# Nurol Holding acquires BAE Systems' 49% stake in BNA, renames to Nurol Control and Avionics

Nurol Holding acquired the 49% stake of BAE Systems in the joint venture BNA, making it a wholly Turkish-owned company renamed Nurol Control and Avionics Systems (NurolCAS), to contribute to the Hürjet and National Combat Aircraft (TF) projects.

- Type: Acquisition
- Announced: 2022-12-25
- Where: Türkiye
- Status: completed
- Products: avionics systems, control systems
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Nurol Control and Avionics Systems](https://endata.com/companies/67518.md)
- [BAE Systems](https://endata.com/companies/4538.md) (target)
- [Nurol Holding](https://endata.com/companies/24155.md) (acquirer)

## Sources

- [turdef.com](https://www.turdef.com/article/aiming-tf-and-hurjet-bna-is-now-nurol-control-and-avionics), 2022-12-25: "With the transfer of 49 per cent shares of BAE Systems to Nurol Holding, the company will continue under the name Nurol Kontrol ve Avionik Sistemleri AŞ and with 100 per cent Turkish capital."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.