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Baykar Vows to Produce Military Drones at Piaggio Sites in Italy
- Baykar has acquired Piaggio Aerospace, enhancing its role in the European aerospace sector, according to Italy's Ministry of Enterprises and Made in Italy.
- The acquisition aims to revitalize the P.180 Avanti EVO and produce unmanned combat aerial vehicles at Piaggio facilities.
- Adolfo Urso stated this move strengthens competition in the unmanned aircraft market and reinforces Italy's aerospace industry.
- Baykar plans long-term growth by investing in Piaggio Aerospace's expertise and promoting human resources and partnerships between Turkey and Italy.
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Baykar CEO says aim is to restart Piaggio Aerospace with an ambitious industrial strategy - With this move, Ankara claims a share of the €150 billion SAFE program.
Baykar completes acquisition of Piaggio Aerospace's business complexes (Piaggio Aero Industries SpA)
) The transfer of the business complexes of Piaggio Aero Industries and Piaggio Aviation - the two companies under extraordinary administration operating under the Piaggio Aerospace brand - to the Turkish aerospace firm Baykar was formally completed today at the Ministry of Enterprises and Made in Italy. The acquisition, approved by the Italian Prime Minister's Office under the golden power regulation, marks - said Minister Adolfo Urso - "a stra…
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Total News Sources14
Leaning Left1Leaning Right3Center2Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 17%
C 33%
R 50%
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