Piaggio Aerospace designs, develops, builds and maintains aircraft, aircraft engines and structural components. Technology and a commitment to research and development combined with innovative design and style, drive the development of Piaggio Aerospace, a main player on the world market for executive planes and special mission aircraft, for aircraft security and reconnaissance systems, and aircraft engines. The company operates from the aerospace centre of excellence at Villanova d’Albenga (Italy), one of the most advanced aerospace manufacturing plants in the world.
Piaggio Aerospace is implementing a business plan oriented towards developing business in response to new market demands. The company’s new vision aims to maintain and strengthen its role of main player in business aviation and, at the same time, become a player in the sectors of defence and security and high-technology aircraft engines thanks to such innovative projects as:
- the new Avanti EVO, the third generation of the iconic Piaggio Aerospace aircraft, the fastest turboprop aircraft with the best performance ever designed and built;
- Piaggio Aerospace P.1HH HammerHead, a MALE (Medium-Altitude Long-Endurance) class unmanned aircraft designed for intelligence, surveillance and reconnaissance missions
- Piaggio Aerospace MPA Multirole Patrol Aircraft, a technologically-advanced, high-efficiency plane designed for maritime, coastal and ground patrols equipped for wide-range surveillance missions.
Piaggio Aerospace shareholders are Mubadala Development Company, an Abu Dhabi-based strategic investment and development company, which holds 98.05% of the capital stock, and Piero Ferrari who holds 1.95%