The joint venture comes as EU countries ramp up military spending to defend themselves against Russia and other threats if U.S. forces withdraw from the continent
Italy’s Leonardo, one of Europe’s biggest defence companies, and Turkish drone giant Baykar have formed a joint venture to develop drones as European Union countries ramp up military spending to defend themselves against Russia and other threats if U.S. forces withdraw from the continent.
The Leonardo-Baykar joint venture was announced a day after Germany tore up its fiscal “debt brake” to allow a surge in defence spending and the same day that, all because the White house suspended weapon deliveries and U.S. intelligence sharing with Ukraine this week, delivering a blow to Kyiv’s ability to fight a war that has entered its fourth year.
Ukrainian President Volodymyr Zelensky thanked the EU leaders for the meeting. “It is very important that Ukrainians are not alone. We feel it and know it,” he said on social media, apparently referring to Donald Trump’s withdrawal of support for Ukraine’s war effort and his disastrousLeonardo, which is 30 per cent owned by the Italian state, makes military and civil helicopters, aircraft, defence electronics, aerostructures for Boeing and Airbus passenger jets, satellites and drones.
The joint venture’s first product, expected in about 18 months, will be based on the Akinci and will contain the latest electronics, such as radar and other sensors, made by Leonardo. Mr. Bayraktar said the Italian-Turkish deal presents an “opportunity to build aerial supremacy,” given that drones are now expected to fill key roles in aerial combat missions.
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