China Aerospace Science and Industry Corporation

(Redirected from CASIC)

The China Aerospace Science and Industry Corporation (CASIC) is a Chinese state-owned enterprise that designs, develops and manufactures a range of spacecraft, launch vehicles, strategic and tactical missile systems, and ground equipment. CASIC is the largest maker of missiles in China.[3]

China Aerospace Science and Industry Corporation
Native name
中国航天科工集团有限公司
FormerlyChina Aerospace Machinery and Electronics Corporation
Company typeState-owned enterprise
IndustryAerospace, Defense, Automotive, Electronics, Telecommunications, Information Technology, construction & Infrastructure
PredecessorChina Aerospace Corporation
FoundedJuly 1, 1999; 26 years ago (1999-07-01)
Headquarters,
Area served
Worldwide
Key people
Gao Hongwei (Chairman)
Li Yue (President)
ProductsSatellite communication, missiles, radars, special vehicles, engines
RevenueUS$34.07 billion[1] (2017)
US$1.60 billion[1] (2017)
Total assetsUS$44.27 billion[1] (2017)
OwnerState-owned Assets Supervision and Administration Commission of the State Council
Number of employees
145,987[2] (2017)
Websitewww.casic.com Edit this at Wikidata
China Aerospace Science & Industry Corporation
Simplified Chinese中国航天科工集团公司
Traditional Chinese中國航天科工集團公司
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngguó Hángtiān kēgōng Jítuán Gōngsī

History

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First established as the 5th Academy of the Ministry of Defense in October 1956, it went through numerous name changes including the Ministry of the 7th Machinery Industry, the Ministry of Aerospace Industry, the Ministry of Aviation and Aerospace Industry, China Aerospace Corporation, China Aerospace Machinery and Electronics Corporation in July 1999, and finally the present name China Aerospace Science & Industry Corporation in July 2001. CASIC owns seven academies, two scientific research and development bases, six public listed companies, and over 620 other companies and institutes scattered nationwide, with more than 145,987 employees.[2][needs update]

From 2011 onwards, CASIC has supplied North Korea with 16-wheel and 18-wheel transporter erector launchers in support of North Korea's ballistic missile/nuclear program.[4]

In 2017, the total assets of CASIC were worth US$ 44.27 billion, its revenue was US$34.07 billion, and profit US$1.60 billion.[5][needs update]

Since 2020, CASIC has shipped crude oil from Venezuela on tankers that it acquired from PetroChina.[6]

U.S. investment prohibition

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In November 2020, Donald Trump issued an executive order prohibiting any American company or individual from owning shares in companies that the United States Department of Defense has listed[7] as having links to the People's Liberation Army (PLA), which included CASIC.[8][9][10]

Products

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CASIC is the biggest missile weapon system developing and manufacturing enterprise in China. It is known for developing, researching and manufacturing air defense missile systems, cruise missile systems, solid-propellant rockets, space technological products and other technologies with products covering various fields of land, sea, air, and electromagnetic spectrum. CASIC has provided dozens of advanced missile equipment systems for various nations, and contributed to Chinese crewed space flight, lunar exploration and other Chinese national projects.[2][11]

CASIC engages in strategic industries concerning Chinese national security.[7]

In early 2019, it was reported that CASIC had developed a "road-mobile laser defense system called the LW-30, which uses a high-energy laser beam to destroy targets." CASIC also introduced the "CM-401 supersonic anti-ship ballistic missile."[3]

The CASIC second academy produces five series of missiles:[12][13]

  • Flying Dragon (FD; Chinese: 飞龙) series of long-range area defense missiles
  • Flying Mongoose (FM; Chinese: 飞獴) series of short-range area defense missiles
  • Flying Leopard (FL; Chinese: 飞豹) series of terminal air defense missiles
  • Quick Wolf (QW; Chinese: 快狼) series of man-portable air-defense systems (MANPADS)
  • Buffalo (B; Chinese: 野牛) series of tactical surface-to-surface missiles

The CASIC also produces other products:[14][15]

See also

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References

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  1. ^ a b c "China Aerospace Science & Industry". fortune.com. Archived from the original on August 23, 2018. Retrieved August 23, 2018.
  2. ^ a b c China Aerospace Science and Industry Corporation. "Introduction of CASIC". Archived from the original on April 18, 2021. Retrieved July 18, 2014.
  3. ^ a b "State-owned media is pitching China's latest hypersonic missiles and laser weapons to the global arms market". Business Insider Malaysia. January 2, 2019. Archived from the original on January 10, 2020. Retrieved January 10, 2020.
  4. ^ Fisher Jr., Richard D. (January 20, 2020). "Richard D. Fisher, Jr. On Taiwan: How China's proxies threaten Taiwan". www.taipeitimes.com. Taipei Times. Archived from the original on January 24, 2020. Retrieved January 21, 2020.
  5. ^ "China Aerospace Science & Industry". Fortune. Archived from the original on August 23, 2018. Retrieved August 23, 2018.
  6. ^ Aizhu, Chen; Parraga, Marianna (August 26, 2022). "Chinese defence firm has taken over lifting Venezuelan oil for debt offset -sources". Reuters. Archived from the original on August 26, 2022. Retrieved August 27, 2022.
  7. ^ a b Allen-Ebrahimian, Bethany (June 24, 2020). "Defense Department produces list of Chinese military-linked companies, 20 years after mandate". Axios. Archived from the original on June 24, 2020. Retrieved June 24, 2020.
  8. ^ Chen, Shawna (November 12, 2020). "Trump bans Americans from investing in 31 companies with links to Chinese military". Axios. Archived from the original on October 28, 2021. Retrieved November 12, 2020.
  9. ^ Pamuk, Humeyra; Alper, Alexandra; Ali, Idrees (November 12, 2020). "Trump bans U.S. investments in firms linked to Chinese military". Reuters. Archived from the original on October 28, 2021. Retrieved November 12, 2020.
  10. ^ Swanson, Ana (November 12, 2020). "Trump Bars Investment in Chinese Firms With Military Ties". The New York Times. ISSN 0362-4331. Archived from the original on November 13, 2020. Retrieved November 13, 2020.
  11. ^ "US sanctions highlight China's civil-military overlap". Nikkei Asian Review. August 20, 2018. Archived from the original on August 20, 2018. Retrieved June 7, 2020.
  12. ^ "珠海航展:中国全空域防空体系四大"门派"同台"论剑"". Sina News. November 9, 2018.
  13. ^ ""飞龙""飞獴""飞豹""快狼"……多种"野兽"亮相珠海航展". Sohu News. November 7, 2018.
  14. ^ "航天科工携百余项装备展品亮相第十五届中国航展". China News Service. November 12, 2024.
  15. ^ {{cite web|url=https://www.flightglobal.com/military-uavs/picture-casic-shows-off-new-long-range-strike-uav/130134.article |title=PICTURE: CASIC shows off new long-range strike UAV |website=Flight Global |date=5 November 2018 |first=Greg |last=Waldron |archive-url=https://web.archive.org/web/20230530195650/https://www.flightglobal.com/military-uavs/picture-casic-shows-off-new-long-range-strike-uav/130134.article |archive-date=30 May 2023}
  16. ^ Gormley, Dennis M.; Erickson, Andrew S.; Yuan, Jingdong (2014). A Low-Visibility Force Multiplier: Assessing China's Cruise Missile Ambitions (PDF) (Report). Washington, D.C.: National Defense University Press.
  17. ^ Gormley, Dennis M.; Erickson, Andrew S.; Yuan, Jingdong (September 30, 2014). "A Potent Vector: Assessing Chinese Cruise Missile Developments". Joint Forces Quarterly (75). National Defense University. Archived from the original on March 22, 2016. Retrieved May 21, 2015.
  18. ^ Tate, Andrew; Gibson, Neil (November 9, 2016). "China offers export version of YJ-12 supersonic anti-ship missile". Jane's Information Group. Archived from the original on November 12, 2016. Retrieved November 21, 2016.
  19. ^ Trevithick, Joseph (August 19, 2025). "All The New Chinese Missiles Spotted During Its Massive Military Parade Rehearsal". The War Zone.
  20. ^ "精确制导炸弹在珠海航展井喷 航空子母炸弹稀奇". China News Service. November 14, 2012.
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