Baykar acquires Piaggio Aerospace

Turkish drone maker Baykar has bought Italian aircraft producer Piaggio Aerospace, which had been under special administration since filing for bankruptcy. Financial details were not disclosed.

“Turkish drone maker Baykar has bought Italian aircraft producer Piaggio Aerospace, Italy's industry ministry said on Friday, without disclosing financial details.”reuters.com

• 3 sources
• reuters.comTurkish drone maker Baykar buys Italy's Piaggio AerospaceDec 27, 2024
• turkiyetoday.comBaykar to acquire Piaggio Aerospace to strengthen global defense dominance - Türkiye TodayNewsroomJan 7, 2025
• aerospaceglobalnews.comPiaggio Aerospace and Baykar sign preliminary business transfer contractCharlotte BaileyJan 27, 2025

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