Aviation 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, and has over 100 subsidiaries, 27 listed companies and 500,000 employees across the globe. 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.)
AVIC headquarters | |
Native name | 中国航空工业集团公司 |
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Company type | State owned |
Industry |
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Predecessor | China Aviation Industry Corporation I China Aviation Industry Corporation II |
Founded | April 1, 1951 |
Headquarters | , |
Area served | Worldwide |
Key people | Tan Ruisong (Chairman and CEO) |
Products | Civil and military aircraft Unmanned aerial vehicles Trucks Automobile parts Electronics Robots Ships |
Revenue | US$66.96 billion (2021) |
CN¥370.6 billion (2016) | |
Net income | US$915.7 million (2021) |
Total assets | US$161.2 billion (2021) |
Number of employees | 407,344 (2021) |
Divisions | |
Subsidiaries |
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Website | en |
Aviation Industry Corporation of China | |||||||
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Simplified Chinese | 中国航空工业集团公司 | ||||||
Traditional Chinese | 中國航空工業集團公司 | ||||||
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Abbreviation | |||||||
Simplified Chinese | 航空工业 | ||||||
Traditional Chinese | 航空工業 | ||||||
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