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.)

Aviation Industry Corporation of China
Native name
中国航空工业集团公司
Company typeState owned
Industry
PredecessorChina Aviation Industry Corporation I
China Aviation Industry Corporation II
FoundedApril 1, 1951 (1951-04-01)
Headquarters,
Area served
Worldwide
Key people
Tan Ruisong (Chairman and CEO)
ProductsCivil 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
Websiteen.avic.com
Aviation Industry Corporation of China
Simplified Chinese中国航空工业集团公司
Traditional Chinese中國航空工業集團公司
Abbreviation
Simplified Chinese航空工业
Traditional Chinese航空工業
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