Loading...
Market
What will be Baykar's first major product with Piaggio Aerospace by end of 2025?
2
Resolution / Starting Odds
New UCAV model • 25%
Advanced business jet • 25%
Military transport aircraft • 25%
Other • 25%
Official product launch announcements, industry reports
Story
Baykar, World's Largest UCAV Producer, Acquires Italy's 140-Year-Old Piaggio Aerospace
Dec 27, 2024, 11:15 AM
Baykar, the world's largest unmanned combat aerial vehicle (UCAV) producer, has acquired Italy's 140-year-old Piaggio Aerospace, following approval from the Italian Ministry of Enterprises and Made in Italy. Founded in 1884, Piaggio Aerospace is known for its P.180 Avanti business jets, dubbed the 'Ferrari of the skies', and plays a strategic role in Italy's defense industry. Baykar outbid international rivals to secure the acquisition, which will enhance its production capacity and expand its presence in Europe. Haluk Bayraktar, CEO of Baykar, stated that by incorporating Piaggio Aerospace's 140-year-old heritage, they are bringing the strength of the Turkish aviation industry to Europe and undertaking the responsibility of carrying a historical brand into the future.
View original story
Similar markets
Other • 25%
New drone model • 25%
Commercial aircraft • 25%
Military aircraft • 25%
UAV • 25%
Business Jet • 25%
Commercial Aircraft • 25%
No new model • 25%
Expand into new markets • 25%
Develop new business jet • 25%
Launch new UAV model • 25%
Other strategic move • 25%
European market • 25%
Middle Eastern market • 25%
Asian market • 25%
Global market • 25%
Other • 25%
Increased European market presence • 25%
Enhanced UCAV production capacity • 25%
Access to advanced aircraft technology • 25%