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63/100 Bullish 19.06.2026 · 16:49 Finrend AI ⏱ 1 dk 👁 3 TR

Greek Press: Baykar Opens Door to European Market with Leonardo

The Greek press is evaluating Turkish defense company Baykar's goal of manufacturing in Europe through an Italian partnership. According to Pentapostagma, Baykar aims to gain direct access to the European market via a joint venture with Leonardo, approved by the Italian government. The report notes that Baykar strengthened its European presence after acquiring Piaggio Aerospace at the end of 2024. The analysis states, 'Baykar not only entered Europe but also broke down the main door.' It also emphasizes that this collaboration is a strategic step to circumvent potential future European embargoes. The Italian government imposed conditions on the 50-50 joint venture between Leonardo and Baykar under its 'Golden Power' authority. These conditions include selling the produced unmanned aerial vehicles only to NATO and EU-compliant countries, protecting confidential information, and implementing national security measures. Defense Minister Guido Crosetto reportedly insisted on approving the deal. The joint company, named 'LBA Systems,' announced in March 2025 and signed in June 2025, aims to produce next-generation remotely piloted air systems. This development is seen as part of Turkey's strategy to increase international collaborations in its defense industry. This is not investment advice.

📊 GARAN — Piyasa Yorumu

▲ up · 60%

The news emphasizes Baykar's entry into the European market and its growth potential in the defense industry. GARAN stock closed up 1.91% with an RSI of 60, suggesting short-term buying pressure may continue. Although the MACD remains below the signal line, it is in positive territory, indicating that momentum has not weakened. Trading above SMA20 and SMA50 is technically positive. However, since the news is not directly related to the banking sector and the overall market impact may be limited, high confidence is not assigned.

RSI 14
59.9
MACD
0.68
24h Δ
1.91%

📊 BAYRK — Piyasa Yorumu

▲ up · 60%

The news reflects positively on Baykar's potential entry into the European market and signals a strategic partnership. However, technical indicators are weak: RSI is near the oversold region at 30, MACD is below zero and below its signal line, and the price is below both the 20-day and 50-day moving averages. In the short term, the positive news impact may partially offset the technical pressure, but for a sustained rally, the price needs to settle above 5.09 TL (SMA20). Therefore, I see limited upside potential.

RSI 14
30.3
MACD
-0.03
24h Δ
-1.18%
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