Leonardo and Baykar Form JV for UAVs, Targeting $100 Billion European Market
Leonardo-Baykar Sign MoU, JV Will Target $100 Billion EU Drone Market: Rome, Italy – Leonardo and Baykar Technologies have announced a strategic partnership, formalized through a Memorandum of Understanding (MoU), to establish a Joint Venture dedicated to the development and production of unmanned aerial systems (UAS). The collaboration signals a significant move in the rapidly evolving landscape of defense technology, with a particular focus on the lucrative European market.