China moves to master aero engines
China has set up the Aero Engine Corporation of China (AECC) to administer all of China’s aircraft engine development and production efforts in both the civil and military spheres.
This state-owned corporation that is headquartered in Beijing consolidates existing Aviation Industry Corporation of China (AVIC) manufacturers under one umbrella.
AECC is owned by major stakeholders AVIC, the Commercial Aircraft Corporation of China (COMAC), the state-owned Assets Operation and Management Centre, and the Assets Supervision and Administration Commission of the State Council.
Although incorporated back in May, AECC was formally launched on 28 August with $7.5 billion in capital and some
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 1 free story per week
- Personalised news alerts
- Daily and weekly newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Defence Notes
-
Amentum to provide ground support for US Navy hypersonic development
The US Naval Surface Warfare Center (NSWC) Crane Strategic Systems Hardware Division (GXW) has awarded Amentum a five-year contract with a potential value of $70 million. …
-
Why delays in approving the FY2024 budget can widen the gap between Chinese and US capabilities
Naval shipbuilding and restocking key munitions, as well as development projects, may be directly impacted by short-term funding measures.
-
SOF Week 2023: USSOCOM chief highlights special forces lessons learned from Ukraine relationship
USSOCOM Commander Gen Bryan P Fenton has highlighted the importance of relationship-building between US SOF and their Ukrainian counterparts since 2014.
-
Miltrade ready to expand regionally, says Singaporean SME's CEO
At IMDEX Asia 2023, the CEO of Singaporean SME Miltrade said his company was ready to expand its business into the wider region.