Baykar, Italian defense firm Leonardo launch joint venture
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PARIS An agreement for a joint venture called LBA Systems has been signed between Baykar , Türkiye's leading unmanned aerial vehicle (UAV) manufacturer, and Italy’s Leonardo , one of Europe’s largest defense companies, during the 55th Paris Air Show. Leonardo CEO Roberto Cingolani and Baykar Chairman Selçuk Bayraktar signed the landmark agreement. Cingolani said Baykar and Leonardo had signed a joint venture for "next generation unmanned systems," whose production they plan to start in a short
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