Category Archives: Chinese Defense Industry News

Chengfei to buy AVIC’s military assets for $2.5 bln

2014-05-19 — Auto parts maker Sichuan Chengfei Integration Technology Corp Ltd plans to take over the military assets of Aviation Industry Corporation of China (AVIC) for 15.8 billion yuan ($2.53 billion), transforming itself into a major-listed military aircraft and missile ...

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Can China’s Defense Industry be innovative like U.S. ?

Can China’s Defense Industry be innovative like U.S. ?

2014-05 -08 (by Robert Farley and from thediplomat.com)– Innovation in defense technology requires collaboration between military organizations (who know what they need), the defense industry (which appreciates the parameters of the possible), and the broader civilian economy (which lays the foundation ...

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EU firms involve in China’s military buildup

EU firms involve in China’s military buildup

2014-05-02 — As China boosts its military spending, rattling neighbors over territorial disputes at sea, an AFP investigation shows that European countries have approved billions in transfers of weapons and military-ready technology to the Asian giant. China’s air force relies ...

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China to become biggest drone producer by 2023

China to become biggest drone producer by 2023

A private market researcher has predicted in a new industry forecast that China state-owned company will become the largest unmanned aerial vehicle (UAV) manufacturer in the next 10 years. A report by the Forecast International said that while the global ...

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