China Aerospace Science and Technology Corporation


The China Aerospace Science and Technology Corporation is a main contractor for the Chinese space program. It is state-owned and has subsidiaries which design, develop and manufacture a range of spacecraft, launch vehicles, and ground equipment. It also has a division for strategic and tactical missile systems.

History

CASC was officially established in July 1999 as part of a Chinese government reform drive, having previously been one part of the former China Aerospace Corporation. Various incarnations of the program date back to 1956.
Along with space and defense manufacture, CASC also produces machinery, chemicals, communications equipment, transportation equipment, computers, medical care products and environmental protection equipment. CASC provides commercial launch services to the international market. By the end of 2013, the corporation has registered capital of CN¥294.02 billion and employs 170,000 people.
In December 2017, the CASC was restructured from a state-owned enterprise to a state-owned enterprise with limited liability with the approval of the State-owned Assets Supervision and Administration Commission of the State Council. The sole shareholder is SASAC, the company's headquarters are still in Beijing, the business areas remained the same and nothing changed for the staff either.
In 2021, China's 14th five year plan included two low Earth orbit satellite constellations named "GW" featuring nearly 13,000 satellites was in development.

Subordinate entities

R&D and production complexes

Specialized companies

Directly subordinated units

The "directly subordinated units" of the China Aerospace Science and Technology Corporation are:

International reception

United States

In 2006 the US Department of the Treasury accused Great Wall Industry and its partners of playing a lead role in the development of the Fateh missile system, as Iran had no previous experience with solid-fueled ballistic missiles.
In November 2020, U.S. President Donald Trump issued an executive order prohibiting U.S. companies and individuals owning shares in companies that the United States Department of Defense has listed as having links to the People's Liberation Army, which included CASC. In August 2022, CASC's 9th Academy 771 and 772 Research Institutes were added to the United States Department of Commerce's Entity List.