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China’s Air Force Boosts Tech by Buying European Companies

: Jun 4, 2014 - : 8:02 am

China just came a step closer in its bid to challenge U.S. air power. On May 19, Guangdong Elecpro Electric Appliance Holding, a Chinese firm, announced plans to acquire two European aerospace companies.
One company, the Swiss-based Mistral Engines SA, manufactures engines for light aircraft, helicopters, and unmanned aerial vehicles. The second company, Germany’s SkyTrac, develops helicopters with dual rotors.

Previous purchases include Aviation Industry Corporation of China’s (AVIC) acquisition of Austria’s Fischer Advanced Composite Components in 2009, and Germany’s Thielert Aircraft Engines in 2013, according to IHS Jane’s, a leading defense and security analysis company.

The acquisitions come amid a push by China to advance its aerospace programs and bridge the gap in military technical knowledge with the West, both for its civilian market and military systems.

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