Baykar Bid Wins Competition to Acquire Italian Manufacturer Piaggio

Turkish manufacturer Baykar, which has risen to fame for its military UAVs, is set to purchase Piaggio Aerospace, which has been under administration since 2018, for an undisclosed sum. Piaggio Aerospace, based in Genoa, Italy, has faced several years of financial struggle. After declining sales following the late 2000s recession forced the company into administration […]

https://theaviationist.com/2024/12/27/baykar-acquires-piaggio-aerospace/