Search This Blog

Tuesday, May 27, 2014

China’s Air Force Boosts Tech by Buying European Companies

Previous purchases include Aviation Industry Corporation of China’s (AVIC) acquisition of Austria’s Fischer Advanced Composite Components in 2009, and Germany’s Thielert Aircraft Engines in 2013China just came a step closer in its bid to challenge U.S. airpower. On May 19, Guangdong Elecpro Electric Appliance Holding, a Chinese firm, announced plans to acquire two European aerospace companies.

One company, the Swiss-based Mistral Engines SA, manufactures engines for light aircraft, helicopters, and unmanned military vehicles (often called “drones”). The second company, Germany’s SkyTrac, develops helicopters with dual rotors.

Previous purchases include Aviation Industry Corporation of China’s (AVIC) acquisition of Austria’s Fischer Advanced Composite Components in 2009, and Germany’s Thielert Aircraft Engines in 2013, according to IHS Jane’s, a leading defense and security analysis company.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.