Author Topic: Chinese defense firms could rival companies from America & Europe  (Read 2291 times)

Ayoshi

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Chinese defense firms could rival companies from America & Europe
« on: September 03, 2018, 01:01:49 AM »
These 7 Chinese companies each topped $5B in defense sales — and could rival American firms | Defense news - August 23
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Now, a London-based think tank has concluded that seven Chinese firms would rank among the top 20 defense companies in the world, each breaking $5 billion in defense revenues — a proportion that rivals any one nation outside the U.S.

Lucie Beraud-Sudreau and Meia Nouwens, two researchers with the International Institute for Strategic Studies, looked at eight key defense firms from China — the China Aviation Industry Corporation (AVIC), China Electronics Technology Enterprise (CETC), China North Industries Group Corporation (NORINCO), China South Industries Group Corporation (CSGC), China State Shipbuilding Corporation (CSSC), China Shipbuilding Industry Corporation (CSIC), China Aerospace Science and Technology Corporation (CASC), and China Aerospace Science and Industry Corporation (CASIC).

The researchers looked at the largest defense firms and key subsidiaries, excluding a pair of nuclear-focused Chinese companies, classifying each as defense- or civilian-focused. Then they used the differentiation to calculate how much of each company’s total revenues was derived from defense-related sales.


IISS, a London-based think tank, has calculated defense revenues for the largest Chinese companies to figure out how they stack up against their global counterparts. (International Institute for Strategic Studies)

Ayoshi

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Re: Chinese defense firms could rival companies from America & Europe
« Reply #1 on: October 08, 2018, 11:26:27 PM »
China’s defence industrial policies pose significant US threat, says Pentagon paper
Jon Grevatt, Bangkok - IHS Jane's Defence Industry
| Janes - 07 October 2018
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* No country has targeted the United States' defence industrial base as successfully as China, according to a new US report
* Chinese industrial expansion has been supported by the country's economic growth and civil-military integration policy, it says

Ayoshi

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Re: Chinese defense firms could rival companies from America & Europe
« Reply #2 on: October 21, 2018, 12:55:01 AM »
China’s AVIC reorganises helicopter assets | Janes - 18 October 2018
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The AviChina Industry and Technology Company Limited (AviChina) has agreed to acquire AVIC Helicopter, the two corporations' parent group - the state-run Aviation Industry Corporation of China (AVIC) - has announced.

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AviChina is a Hong Kong-listed subsidiary of AVIC established in 2003, with a remit to support civilian-military integration (CMI) across aerospace science and technologies. The firm acts as a holding company for several listed AVIC subsidiaries including Hongdu Aviation and AVIC Avionics.

Ayoshi

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Re: Chinese defense firms could rival companies from America & Europe
« Reply #3 on: December 02, 2018, 12:41:34 AM »
From: Army Recognition - 29 November 2018 13:46
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Analysis: NORINCO heavy armored vehicles displayed at Zhuhai Airshow 2018

At Zhuhai Airshow 2018, held in China from November 6-11, NORINCO made a live demonstration of its range of heavy vehicles.


MBT-3000 / VT4. Photo taken from armyrecognition.com
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VT5. Photo taken from armyrecognition.com
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VT2B. Photo taken from armyrecognition.com
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VN12. Photo taken from armyrecognition.com
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VN17. Photo taken from armyrecognition
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VN1. Photo taken from armyrecognition.com
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VN2. Photo taken from armyrecognition.com
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CS/VN9. Photo taken from armyrecognition
« Last Edit: December 02, 2018, 12:59:12 AM by Ayoshi »

Ayoshi

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Re: Chinese defense firms could rival companies from America & Europe
« Reply #4 on: January 28, 2019, 06:46:35 AM »
China’s AVIC posts strong profit growth | Janes - 25 January 2019
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AVIC said in a statement on 23 January that it achieved profit of CNY18.25 billion (USD2.7 billion) in 2018, which represents a 10.6% increase over 2017.

The state-owned corporation’s profits in 2017 and 2016 were CNY16.5 billion and CNY16.7 billion respectively. In 2015 AVIC reported a profit of CNY17.3 billion.

Ayoshi

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Re: Chinese defense firms could rival companies from America & Europe
« Reply #5 on: July 23, 2019, 03:22:34 PM »
https://www.defensenews.com/top-100/2019/07/22/chinese-firms-bump-down-western-companies-on-top-100-list/

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Chinese firms bump down Western companies on Top 100 list

For the first time since 2001, it includes Chinese defense firms, with six cracking the overall top 15, a major upheaval of the top defense companies in the world.

Unlike most Western defense firms, there are no public statements about defense revenue from the Chinese companies. To calculate their rank, Defense News teamed with the London-based International Institute for Strategic Studies, whose Lucie Béraud-Sudreau and Meia Nouwens have extensively studied the Chinese defense industry for several years.

< snipped >

The top Chinese firms by fiscal 2018 defense revenue are:

* Aviation Industry Corporation of China ($24.9 billion, 5th overall)
* China North Industries Group Corporation Limited ($14.8 billion, 8th overall)
* China Aerospace Science and Industry Corporation ($12.1 billion, 10th overall)
* China South Industries Group Corporation ($12 billion, 11th overall)
* China Electronics Technology Group ($10.3 billion, 12th overall)
* China Shipbuilding Industry Corporation ($9.8 billion, 14th overall)
* China Aerospace Science and Technology Corporation ($8.1 billion, 19th overall)
* China State Shipbuilding Corporation ($5 billion, 22nd overall)

Overall, those eight firms totaled approximately $97 billion in defense revenue for 2018, putting China’s defense market behind only the U.S.; that amount is also just shy of the approximately $100 billion in defense revenue from the European countries on the list.


A man looks up at a Chinese J-10 fighter jet outside the office of Aviation Industry Corporation of China on Sept. 2, 2009, in Beijing, China. (Feng Li/Getty Images)