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The China Aerospace Science and Technology Corporation (CASC) 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 (全民所有制企业) to a state-owned enterprise with limited liability (国有独资公司) with the approval of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). 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 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.
Anthony H. Cordesman, with the assistance of Scott Modell, Aaron Lin, and Michael Peacock (7 October 2014). "Iran's Rocket and Missile Forces and Strategic Options" (PDF). Center for Strategic and International Studies. Archived (PDF) from the original on 18 October 2017. Retrieved 25 October 2017.{{cite web}}: CS1 maint: multiple names: authors list (link)
Chris Smith and Matthew Wallin (August 2013). "Iranian Ballistic Missiles" (PDF). Archived (PDF) from the original on 25 October 2017. Retrieved 25 October 2017.
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CASC headquarters
