US EditionBaykar acquires Italian aviation giant Piaggio Aerospace
- Baykar has acquired Italian aviation giant Piaggio Aerospace.
- This acquisition is a significant milestone for Baykar in expanding its global footprint.
- The deal is expected to enhance Baykar's capabilities in the aerospace sector.
- Piaggio Aerospace brings extensive experience and a strong portfolio of products to Baykar.
40 Articles
40 Articles
Italy sells Piaggio Aerospace to Turkish drone maker Baykar
ROME — Turkish drone manufacturer Baykar has purchased Italy’s Piaggio Aerospace, reflecting Baykar’s growing global ambitions while marking a timely rescue for the troubled Italian aircraft producer.The deal, which was announced on Friday by Italy’s industry ministry, follows six years of Italian state management at Piaggio after it went into receivership in 2018.Founded in 1884 and one of the world’s oldest aviation firms, Piaggio is known for…
Minister Urso's green light for the sale to Baykar following six years of extraordinary administration The group, led by Erdogan's son-in-law, is committed to ensuring production, continuity and employment. After a six-year odyssey, the fate of Piaggio Aerospace has come to a positive end...
The sale of Piaggio Aerospace to the Turks is underway
Baykar is the world's second largest manufacturer of military drones. Leonardo's role
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