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Market
How will Baykar's acquisition of Piaggio impact its revenue by end of 2025?
3
Resolution / Starting Odds
Increase by more than 20% • 25%
Increase by 10-20% • 25%
Increase by less than 10% • 25%
No significant increase • 25%
Financial reports from Baykar, industry financial analysis
Story
Baykar Acquires Piaggio Aerospace, Established in 1884, Following Italian Ministry of Enterprises Approval
Dec 27, 2024, 10:59 AM
Turkey's Baykar has acquired the Italian aerospace firm Piaggio Aerospace, following approval from Italy's Ministry of Enterprises and Made in Italy. The acquisition marks a significant step for Baykar, known as one of the world's largest drone manufacturers. The deal was confirmed by multiple sources, highlighting the strategic move to enhance Baykar's position in the aerospace sector. Piaggio Aerospace, established in 1884, has a long history in aviation, and this acquisition is expected to facilitate its relaunch under Baykar's ownership.
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No significant change • 25%
Moderate profit increase • 25%
Significant profit increase • 25%
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Launch new UAV model • 25%
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Enhanced UCAV production capacity • 25%
Increased European market presence • 25%
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Access to advanced aircraft technology • 25%
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