Tag: Baykar

DEFENCE

Turkey achieves a new milestone in defense exports

Turkey is enhancing its stature in the global defense sector, achieving record levels in exports and forging strategic alliances. During the Defense and Aerospace Industry Global Strategies Conference 2025, Haluk Görgün, Secretary of Turkish Defence Industries, announced that Turkey’s defense exports reached $7.154 billion, marking a 29% increase from the previous year. This growth underscores Turkey’s expanding influence in the international defense arena. In his … Continue reading Turkey achieves a new milestone in defense exports

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A Bayraktar Akinci unmanned combat drone is pictured at SAHA EXPO Defence & Aerospace Exhibition in Istanbul, Turkey.
DEFENCE

Turkish drone maker Baykar buys Italy’s Piaggio Aerospace

Turkish drone manufacturer Baykar has acquired Italian aircraft manufacturer Piaggio Aerospace, as announced by Italy’s industry ministry on Friday, although financial terms were not disclosed. Piaggio Aerospace, which is not affiliated with the Vespa scooter manufacturer Piaggio, had been under government-controlled special administration since it sought creditor protection in 2018. According to the ministry’s statement, Baykar’s proposal was selected over two other final and binding … Continue reading Turkish drone maker Baykar buys Italy’s Piaggio Aerospace

Asif ShahidLeave a comment