Avicopter

Aviation Industry Corporation of China

Aviation Industry Corporation of China

Chinese aerospace and defense manufacturer

Not to be confused with Airspace Industry Corporation of China.

The Aviation Industry Corporation of China (AVIC) is a Chinese state-owned aerospace and defense conglomerate headquartered in Beijing. AVIC is overseen by the State-owned Assets Supervision and Administration Commission of the State Council. It is ranked 140th in the Fortune Global 500 list as of 2021,[2] and has over 100 subsidiaries, 27 listed companies and 500,000 employees across the globe.[4] AVIC is also the sixth largest defense contractor globally as of 2022 and second largest Chinese defense contractor with total revenue of $79 billion (from both defense and non-defense services.)[5]

Quick Facts Native name, Company type ...
Quick Facts Simplified Chinese, Traditional Chinese ...

History

Since being established on 1 April 1951 as the Aviation Industry Administration Commission,[6] the aviation industry of the People's Republic of China has been through 12 systemic reforms.

AVIC purchased American aircraft engine manufacturer Continental Motors, Inc. in 2010, aircraft manufacturer Cirrus in 2011, and specialized parts supplier Align Aerospace in 2015.[7] In 2015, AVIC and BHR Partners acquired U.S. automotive supplier Henniges, through a joint venture structure.[8]

In 2016, Aero Engine Corporation of China was formed, capitalized with US$7.5 billion by Aviation Industry Corporation of China (AVIC) and Commercial Aircraft Corporation of China, Ltd. (COMAC) in order to consolidate aero-engine and related technologies.

More information Period, Organization name ...

Split and re-merger

China Aviation Industry Corporation was split into two separate entities, China Aviation Industry Corporation I and China Aviation Industry Corporation II in 1999. Both retained civilian and military aircraft production capabilities, along with a number of unrelated business ventures. The split was intended to foster competitiveness in the Chinese aerospace industry.[9]

In 2008, AVIC I and AVIC II officially merged back together. The previous separation resulted in split resources and led to redundant projects. The goal of the merger was to eliminate this redundancy and spin off pursuits unrelated to aerospace, such as motorcycle and automobile parts manufacturing.[10]

Espionage allegations

Further information: Chinese espionage in the United States

In April 2009, The Wall Street Journal reported that computer spies, allegedly Chinese, "had penetrated the database of the Joint Strike Fighter program and acquired terabytes of secret information about the fighter, possibly compromising its future effectiveness."[11] AVIC allegedly "incorporated the stolen know-how into China's Chengdu J-20 and Shenyang FC-31 fighters."[12][13][14]


U.S. sanctions

Further information: United States sanctions against China and Military-civil fusion

In November 2020, Donald Trump issued an executive order prohibiting any American company or individual from owning shares in companies that the United States Department of Defense has listed as having links to the People's Liberation Army, which included AVIC.[15][16][17][18]

Russian invasion of Ukraine

Further information: China and the Russian invasion of Ukraine

In February 2023, the Center for Advanced Defense Studies reported that customs data showed that AVIC shipped parts for Sukhoi Su-35 fighter jets to a subsidiary of sanctioned Russian defense company Rostec following the 2022 Russian invasion of Ukraine.[19]

Products

Airliner

More information List of airliners of AVIC, Aircraft ...

Civilian airship

Fighter aircraft

Chengdu J-20
Chengdu J-10
Chengdu/PAC JF-17

(*) indicates under development

Fighter bomber aircraft

Trainer aircraft

Transport aircraft

Bomber aircraft

AEW&C aircraft

Helicopter

Unmanned aerial vehicle

Electronic-warfare aircraft

Maritime-patrol aircraft

See also

Notes

  1. [N 1]
    AVIC is one of the shareholders in Comac (26.32% in 2009). However, AVIC and COMAC operate independently, and both companies are supervised by the State-owned Assets Supervision and Administration Commission of the State Council.

References

  1. [1]
    Aviation Industry Corporation of China. "Leadership - AVIC". Archived from the original on 2019-11-09. Retrieved 2018-05-31.
  2. [2]
    "151: Aviation Industry Corporation of China". Fortune Global 500. Archived from the original on 2020-02-15. Retrieved 2020-06-17.
  3. [3]
    "Overview". AVIC. Archived from the original on 2016-03-05. Retrieved 2015-11-11.
  4. [4]
    "China's NORINCO, AVIC Among Top 10 Defense Companies Worldwide; SIPRI". www.defenseworld.net. Archived from the original on 2018-06-12. Retrieved 2018-06-11.
  5. [5]
    "15 Largest Defense Contractors in the World in 2022". Insider Monkey/Yahoo Finance. 15 June 2023. Archived from the original on 2024-04-15. Retrieved 2023-12-17.
  6. [6]
    "China's Boeing Wannabe Could Land in U.S. Government Crosshairs". Bloomberg News. October 12, 2020. Archived from the original on November 18, 2023. Retrieved October 18, 2020.
  7. [7]
    "AVIC International buys PE-backed Align" (Press release). PE Hub Network. March 31, 2015. Archived from the original on March 16, 2016. Retrieved June 2, 2018.
  8. [8]
    "Henniges is acquired by China's AVIC Auto". Sealing Technology. 2015 (11): 4–5. 2015-11-01. doi:10.1016/S1350-4789(15)30341-X. ISSN 1350-4789.
  9. [9]
    Nolan, Peter (2001). China and the Global Economy: National Champions, Industrial Policy, and the Big Business Revolution. New York: Palgrave. p. 30. ISBN 0333945654.
  10. [10]
    Lu, Haoting; Xu, Dashan (18 June 2008). "AVIC I & II closer to merger". China Daily. Archived from the original on 6 October 2022. Retrieved 24 March 2020.
  11. [11]
    Gorman S, Cole A, Dreazen Y (April 21, 2009). "Computer Spies Breach Fighter-Jet Project Article". The Wall Street Journal. Archived from the original on September 17, 2020. Retrieved September 25, 2019.{{cite news}}: CS1 maint: multiple names: authors list (link)
  12. [12]
    "Stolen F-35 secrets now showing up in China's stealth fighter". Fox News. 20 December 2015. Archived from the original on 25 September 2019. Retrieved 25 September 2019.
  13. [13]
    "New Snowden Documents Reveal Chinese Behind F-35 Hack". The Diplomat. 27 January 2015. Archived from the original on 25 September 2019. Retrieved 25 September 2019.
  14. [14]
    "America says China's fifth-generation jet fighter J-31 stolen from its F-35". The Economic Times. 13 November 2015. Archived from the original on 26 September 2019. Retrieved 25 September 2019.
  15. [15]
    "Factbox: List of 31 Chinese companies designated by the U.S. as military-backed". Reuters. 2020-11-13. Archived from the original on November 13, 2020. Retrieved 2020-11-18.
  16. [16]
    Chen, Shawna (November 12, 2020). "Trump bans Americans from investing in 31 companies with links to Chinese military". Axios. Archived from the original on October 28, 2021. Retrieved November 12, 2020.
  17. [17]
    Pamuk, Humeyra; Alper, Alexandra; Ali, Idrees (2020-11-12). "Trump bans U.S. investments in firms linked to Chinese military". Reuters. Archived from the original on 2021-10-28. Retrieved 2020-11-12.
  18. [18]
    Swanson, Ana (2020-11-12). "Trump Bars Investment in Chinese Firms With Military Ties". The New York Times. ISSN 0362-4331. Archived from the original on 2020-11-13. Retrieved 2020-11-13.
  19. [19]
    "China Aids Russia's War in Ukraine, Trade Data Shows". The Wall Street Journal. 4 February 2023. Archived from the original on 2023-03-12. Retrieved 2023-02-04.
  20. [20]
    "Domestic-Made Regional Jet ARJ21 to Be Delivered in 2014". 2014-03-11. Archived from the original on 2014-03-11. Retrieved 2022-12-22.
Wikimedia Commons has media related to Aviation Industry Corporation of China.
Share this article:

This article uses material from the Wikipedia article Avicopter, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.