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[hugh]

Italian Minister of Industry: “BayKar and Leonardo could form partnership to be leader of the sector in the EU.”

BayKar may team up with Leonardo after buying Piaggio-Urso - Business - Ansa.it

Turkey's drone and AI group BayKar may team up with Italian defence giant Leonardo after buying Piaggio Aerospace, Industry and Made in Italy Minister Adolfo Urso said Thursday. (ANSA)

www.ansa.it

Baykar is already the leader in the world.

 

[Yasar_TR]

Baykar is already the leader in the world.

I am afraid, that is a short sighted and nationalistic view and approach.
You can’t be a world leader of UAVs and UCAVs if you don’t have :
1. unrestricted access to turboshaft and turbofan engines and
2. unrestricted access to markets you can sell to.

What Baykar has accomplished is extraordinary. With all the restrictions Türkiye has been subjected to, they made this country and Baykar the number one in UAV and UCAV sales.
But to achieve “continuation of success” and going forward to become “true” world leaders, they need those unrestricted avenues to be open to them.
That is what the Italian minister is trying to convey.

A marriage made in heaven!

 

[Oublious]

they have reached 102...

 

[hugh]

I am afraid, that is a short sighted and nationalistic view and approach.
You can’t be a world leader of UAVs and UCAVs if you don’t have :
1. unrestricted access to turboshaft and turbofan engines and
2. unrestricted access to markets you can sell to.

What Baykar has accomplished is extraordinary. With all the restrictions Türkiye has been subjected to, they made this country and Baykar the number one in UAV and UCAV sales.
But to achieve “continuation of success” and going forward to become “true” world leaders, they need those unrestricted avenues to be open to them.
That is what the Italian minister is trying to convey.

A marriage made in heaven!

We're on the same page. I wasn't suggesting that Baykar should shy away from this proposition.

Baykar's core tech is nowhere near that of Leonardo's and they could benefit from this symbiosis immensely.

My jab was at the suggestion of becoming the leader of Europe in drone business. That is such a low bar that Baykar has already well-past.

 

[IC3M@N FX]

Baykar is already the leader in the world.

Baykar is not World leader, the Americans are still at least 1-2 levels above us in Sensors, Radar/SAR, Composite Material, RAM and Turboprob or Jet based Engines alone.

While the drone program in Turkey was still a feasibility study in the 90s, they already had the MQ1 Predator Drone.

 

[Yasar_TR]

We're on the same page. I wasn't suggesting that Baykar should shy away from this proposition.

Baykar's core tech is nowhere near that of Leonardo's and they could benefit from this symbiosis immensely.

My jab was at the suggestion of becoming the leader of Europe in drone business. That is such a low bar that Baykar has already well-past.

OK! Noted.

But if you read the article again and what the minister is saying, you will see that he is talking about “consolidating their leadership in Europe” regarding aerospace by marrying Leonardo with a similar company. It has nothing to do with Baykar’s leadership and Baykar’s purchase of Piaggio. He is giving it as an example of a good move.

In a way he is almost correct, as Leonardo they are like BAE Systems. Multi national and versatile. By selling Leonardo and marrying it with a correct partner, they will want to keep their competitive edge in Europe.

However, Leonardo is a 15.3 billion Euro turnover company, employing over 53 thousand people. They have an order book of nearly 40billion Euros.
So they are actually half the size of BAE Systems with respect to number of employees, order book and turnover.

 

[Angry Turk !!!]

OK! Noted.

But if you read the article again and what the minister is saying, you will see that he is talking about “consolidating their leadership in Europe” regarding aerospace by marrying Leonardo with a similar company. It has nothing to do with Baykar’s leadership and Baykar’s purchase of Piaggio. He is giving it as an example of a good move.

In a way he is almost correct, as Leonardo they are like BAE Systems. Multi national and versatile. By selling Leonardo and marrying it with a correct partner, they will want to keep their competitive edge in Europe.

However, Leonardo is a 15.3 billion Euro turnover company, employing over 53 thousand people. They have an order book of nearly 40billion Euros.
So they are actually half the size of BAE Systems with respect to number of employees, order book and turnover.

Could you explain please what this buyout means for Baykar in terms of improvement of the drones? What kind of change can we expect?