China Precision Machinery Import-Export Corporation

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China Precision Machinery Import-Export Corporation (CPMIEC) is a Chinese defense contractor that manufacturers missile and air defense systems.

In a notable announcement in September 2013, Turkey, a member of the NATO alliance, declared its intention to acquire a missile defense system from the Chinese company, in a deal valued at US 3.44 billion USD.[1] CPMIEC was selected against a 3 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 and Raytheon came third and the S-300 system from the Russian Rosoboronexport fourth in the competition.[1] Following critics from NATO, Turkey agreed to reconsider the deal until December 2014.[2]

References[edit]

  1. ^ a b "NATO Chief: Turkey Hasn't Completed Chinese Missile-Defense Deal". Wall Street Journal. September 30, 2013. Retrieved September 16, 2013.  (subscription required)
  2. ^ "Turkey in Talks with Eurosam for Air Defense Deal". Defense News. September 8, 2014. Retrieved November 26, 2014.