Beijing directs a missile builder to move into civil production
Chinese missile and space group Casic is pushing into civil aircraft manufacturing, announcing that it plans to set up a factory to make composite parts, including some for the Comac C919 airliner. The move presents the world’s composites suppliers with an important new competitor, and it is part of the group’s wider strategy to move into civil markets. That strategy is itself part of a national policy requiring defense manufacturers to diversify. The factory will be built at ...
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