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Market
Will Baykar successfully integrate Piaggio Aerospace operations by end of 2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official statements from Baykar or Piaggio Aerospace, industry reports
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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Similar markets
Expand into new markets • 25%
Other strategic move • 25%
Launch new UAV model • 25%
Develop new business jet • 25%
No • 50%
Yes • 50%
No significant change • 25%
Significant profit increase • 25%
Moderate profit increase • 25%
Profit decrease • 25%
Enhanced UCAV production capacity • 25%
Increased European market presence • 25%
Access to advanced aircraft technology • 25%
Other • 25%
No • 50%
Yes • 50%