CASIC of Beijing makes China’s cruise missiles, the HQ-series air-defense systems and hypersonic weapons research. With $8.9B in arms revenue in 2023 (SIPRI), it also builds solid-fuel rockets and anti-ship missiles, arming the PLA’s layered strike complex aimed at deterring US intervention.
| Company | CASIC |
|---|---|
| Country | China |
| Headquarters | Beijing |
| Arms revenue, 2023 | $8.9 billion (2023) |
SIPRI Top 100 2023 (Dec 2024); Company public reporting
