What will be Baykar's primary market focus post-Piaggio acquisition by end of 2025?
European market • 25%
Middle Eastern market • 25%
Asian market • 25%
Global market • 25%
Market analysis reports, official statements from Baykar
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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Launch new UAV model • 25%
Other strategic move • 25%
Develop new business jet • 25%
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Increased European market presence • 25%
Enhanced UCAV production capacity • 25%
Access to advanced aircraft technology • 25%
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United Kingdom • 25%
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BAE Systems • 25%
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Business Jet • 25%
Commercial Aircraft • 25%
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UAV • 25%
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Increase by 10-20% • 25%