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China Precision Machinery Import-Export Corporation

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Title: China Precision Machinery Import-Export Corporation  
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Language: English
Subject: People's Liberation Army, Norinco, Modernization of the People's Liberation Army, FN-6, PLA Academy of Military Science
Collection: Government-Owned Companies of China, Manufacturing Companies of China
Publisher: World Heritage Encyclopedia

China Precision Machinery Import-Export Corporation

China Precision Machinery Import-Export Corporation (CPMIEC, Chinese: 中国精密机械进出口总公司) is a Chinese defense contractor that manufacturers missile and air defense systems.

On June 1996 the CIA had discovered that China Precision Machinery Import-Export Corporation had shipped missile components to the Syrian Scientific Studies and Research Center from as part as a wider collaboration between the two institutions.[1]

In a notable announcement in September 2013, Turkey, a member of the NATO alliance, declared its intention to acquire the HQ-9 missile defense system from the company, in a deal valued at 3.44 billion US dollar.[2] CPMIEC was selected against three other competitors. The Aster 30 missile with SAMP/T launcher from the Italo-French consortium Eurosam came second, the Patriot missile defense system offered by Lockheed Martin and Raytheon came third and the S-300 system from the Russian Rosoboronexport fourth in the competition.[2] Following critics from NATO, Turkey agreed to reconsider the deal until December 2014.[3] On February 20, 2015, Turkey's defense minister Ismet Yilmaz announced that the Turkish military would go ahead with the $3.5 billion purchase of the HQ-9 air defense system.[4][5]


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