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Market
What will be Baykar's next strategic move post-Piaggio acquisition by end of 2025?
2
Resolution / Starting Odds
Launch new UAV model • 25%
Expand into new markets • 25%
Develop new business jet • 25%
Other strategic move • 25%
Official announcements from Baykar, news outlets covering aerospace industry
Story
Baykar Acquires 140-Year-Old Piaggio Aerospace and P.1HH HammerHead UAV Following Ministry Approval
Dec 27, 2024, 11:01 AM
Baykar, a Turkish aerospace company, has acquired the historic Italian aviation firm Piaggio Aerospace, following approval from Italy's Ministry of Enterprises and Made in Italy. This acquisition marks a significant expansion for Baykar, which is recognized as the world's largest producer of unmanned combat aerial vehicles (UCAVs). Piaggio Aerospace, founded in 1884, is known for its production of business jets, military aircraft, and drones, including the P.1HH HammerHead UAV platform. The deal was confirmed by multiple sources, highlighting Baykar's successful bid against international competitors to secure this acquisition.
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Similar markets
Commercial aircraft • 25%
Other • 25%
New drone model • 25%
Military aircraft • 25%
Asian market • 25%
European market • 25%
Global market • 25%
Middle Eastern market • 25%
Enhanced UCAV production capacity • 25%
Other • 25%
Access to advanced aircraft technology • 25%
Increased European market presence • 25%
Increase by 10-20% • 25%
Increase by less than 10% • 25%
No significant increase • 25%
Increase by more than 20% • 25%
BAE Systems • 25%
Leonardo • 25%
Airbus • 25%
Other • 25%
France • 25%
United Kingdom • 25%
Other • 25%
Germany • 25%
Advanced business jet • 25%
New UCAV model • 25%
Other • 25%
Military transport aircraft • 25%
