Italian govt greenlights Leonardo-Baykar joint drone venture (opens original article in a new tab)
Italy's government approved a joint venture between Leonardo and Baykar to produce drones, aiming to address Europe's weaknesses in the UAV industry with a $100 billion market potential over the next decade.
- Italy's government approved a 50-50 joint venture between Leonardo and Baykar to produce UAVs.
- The partnership aims to strengthen Europe's drone industry with a $100 billion market potential over 10 years.
- Sales and international development of the drones are restricted to countries aligned with Europe and NATO.
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