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#5Largest Defence Co · 2026

Aviation Industry Corporation of China (AVIC)

China's aerospace conglomerate, now a peer of Lockheed Martin's aerospace business by revenue.

Defence Revenue
$45B
HQ
China
Founded
2008
Employees
~450,000
Status
State-owned

Overview

AVIC builds the entire combat aircraft, helicopter, and trainer fleets of the People's Liberation Army. By defence aerospace revenue alone, AVIC is now a peer of Lockheed Martin's aerospace business. Its product line includes the J-20 fifth-generation fighter, the J-35 carrier-based fighter, the Y-20 strategic transport, and a growing export presence through the JF-17 co-production with Pakistan.

Recent Strategic Moves

J-20 production scaled up significantly. J-35 entering operational service with Chinese carrier air wings. Increasing visibility of sixth-generation prototype testing.

Flagship Products & Programmes

J-20 Mighty DragonJ-35 / J-31Y-20 transportZ-20 helicopterJF-17 / FC-1 (with Pakistan)

Business Categories

Combat AircraftHelicoptersTrainersAvionics