China Precision Machinery Import-Export Corporation

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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.

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.[1] 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.[1] Following critics from NATO, Turkey agreed to reconsider the deal until December 2014.[2] 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.[3][4]