Turkey is selling the assets of defense contractor Assan Group for $416.5 million through its Savings Deposit Insurance Fund (TMSF). The sale follows the company being placed under state control in 2025 due to an ongoing investigation alleging espionage. The assets offered include those of Assan Group Commercial and Economic Integrity. This move comes after a period of state trusteeship imposed on the company. The Turkish government has not released detailed information regarding the specifics of the alleged espionage. The auction represents a significant development in the case and a potential shift in ownership for the defense firm. The sale is being managed by the TMSF, a state agency responsible for managing seized assets.