On December 27, 2024, the Ministry of Business and Made in Italy, revealed that Italy has authorized the Extraordinary Commissioners of Piaggio Aero Industries and Piaggio Aviation to proceed with the sale of all business complexes held by the two companies, which operate under the Piaggio Aerospace brand, to Baykar Makina Sanayi ve Ticaret Anonim Şirketi (Baykar), a leading Turkish company known for its unmanned aerial vehicle (UAV) systems and advanced aerospace technologies. Read full Defense News at this link ...
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| Baykar, a Turkish defense leader, is renowned for its advanced UAV systems like the Bayraktar TB2. The company is expanding its aerospace expertise with the acquisition of Piaggio Aerospace. (Picture source: Baykar) |
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