The total value of defense exports surpassed Ankara's $6.5 billion target, with significant deals made with European ...

Türkiye's technological landscape in 2024 was characterized by a focus on self-sufficiency in defense technologies, ...

Türkiye's Baykar is to acquire Italy's Piaggio Aerospace in a deal announced by the Italian government on 27 December.

Turkey has established itself as a leader in the aerospace sector, and its rise in the domestic industry has positioned the ...

The Italian government has cleared the sale of Piaggio Aerospace to Turkish unmanned air vehicle maker Baykar Technologies.

On December 27, 2024, the Italian Ministry of Business and Made in Italy gave the green light to the acquisition of Piaggio ...

In July 2019, during the twilight of the first Trump administration, the Defense Department kicked Turkey out of the F-35 ...

The Italian Minister, Adolfo Urso, spoke about the manufacturer's acquisition. He stated, "After six years of waiting, we are ...

BEIRUT — Turkish firm Baykar has been approved by the Italian government to buy Italian aviation giant Piaggio Aerospace in a move that the company says will expand its reach in the European Union.

After six years of rejecting bids, the Italian government finally found a deal it liked for the maker of the P-180 Avanti.

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The acquisition of the Italian aviation giant with over a century of history, Piaggio Aerospace, by Turkish drone maker ...