Piaggio, the Italian producer of business turboprop aircraft, is nudging its focus toward the defense business, company CEO Carlo Logli has stated. Ever since United Arab Emirates investment firm Mubadala took the majority stake in the manufacturer in May 2014, the company has moved to “consolidate its civil turnover” and pay increased attention to the defense sector, Logli, said at the Paris Air Show. He said the company before the takeover was in a “very poor” ...


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