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
Get access to this article with a Free Basic Account
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
The initial document focused more on creating the right partnerships and inspiring investment in defence than on any details of how future UK Armed Forces would be armed.
The first stage of developing a new UK Defence Industrial Strategy has highlighted failings in current structures with solutions expected to be proposed in next year’s full strategy.
Romania joined NATO more than two decades ago and the country is vital to the alliance’s geographic reach and its ability to supply Ukraine with weapons.
Although Trump’s geopolitics policy for Europe remains unclear, defence analysts from the US and Europe predict how his incoming administration would attempt to handle critical issues on the continent.
The UK budget announced in Parliament on 30 October was the first by a Labour government in 14 years which has also launched a review into defence procurement programmes.
The Australian government has placed a focus on Guided Weapons and Explosive Ordnance (GWEO) which has included the purchase of additional long-range rocket systems and investments in local production of missiles.
Connect with us on socials
