In 2024, Baykar’s exports accounted for 90% of its total revenue, reflecting the company’s strong international presence. Since initiating its UAV research and development program in 2003, Baykar has consistently expanded its global reach.
The company’s flagship UCAV, the Bayraktar TB2, has been a significant contributor to this export success. As of December 2024, the Bayraktar TB2 surpassed 1 million flight hours, marking a first in Turkish aviation history. This milestone highlights the platform’s reliability and operational effectiveness.
Baykar’s commitment to innovation is evident in its ongoing projects, such as the Bayraktar Kızılelma unmanned fighter jet. The company has allocated $1 billion to this project, aiming to commence serial production in the coming year. This initiative signifies a strategic move to enhance Türkiye’s indigenous defence capabilities.
In addition to its export achievements, Baykar has expanded its global footprint through strategic acquisitions. In December 2024, the company received approval from Italy’s Ministry of Enterprises and Made in Italy to acquire Piaggio Aerospace, a historic Italian aviation firm. This acquisition aims to bolster Baykar’s production capacity and influence within the European aviation market.
Overall, Baykar’s consistent export performance and strategic initiatives reflect its growing prominence in the global defence industry. The company’s focus on innovation and international collaboration continues to strengthen its position as a leading provider of advanced unmanned aerial systems.
