18 January 2021
Chinese aerospace firms sign co-operation accord
by Jon Grevatt
The Aero Engine Corporation of China (AECC) and the China Aerospace Science and Industry Corporation Limited (CASIC) have signed an agreement to collaborate on the development of military technologies.
The state-owned defence corporations said in a joint statement on 18 January that the “strategic co-operation agreement” will support a stronger partnership in “aerospace power, technological innovation, and equipment manufacturing”.
They will also work more closely together in exploring export opportunities, said the statement. “[The agreement] will promote the modernisation of national defence and the military and make greater contributions to safeguarding national security and interests,” it added.
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The Aero Engine Corporation of China (AECC) and the China Aerospace Science and Industry Corporation...
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