Re: JF-17: New Pics
You guys are making assumptions about this.
Provide some links that state that profits/revenue are split between CAC and PAC.
This is what SinoDefence says:
Following the 1993 US sanction against China and Pakistan on the transfer of ballistic missile components and technology, problems of acquiring Western technology has driven Pakistan to seek helps from its Chinese ally. Beijing and Islamabad concluded a joint development and production agreement in June 1999 to co-develop the FC-1 fighter aircraft. According to the agreement, China Aviation Import and Export Corporation (CATIC) and Pakistan each contribute 50% of the development costs, which was estimated as about US$150 million. Chengdu was chosen to be the primary contractor, with Russian Mikoyan Aero-Science Production Group (MASPG) providing assistance in some design work as well as its RD-93 turbofan engine to power the aircraft.
The first FC-1 rolled out from the assembly line on 31 May 2003, and its 15-minute maiden flight took place on 24 August 2003. So far four prototypes have been built, with the second for static tests and the rest in flying tests. The initial production of 16 aircraft is expected to start in mid-2006, and the PAF has a requirement for 150 aircraft under the designation of the JF-17 to replace its Chengdu F-7P fighters in current service. Pakistani aviation industry will also be involved in the production of some avionics for the aircraft.
The FC-1 is mainly targeting the international market as a potential replacement for the second-generation fighters such as the Northrop F-5 Tiger, Dassault Mirage III/5, Shenyang J-6, MiG-21/F-7 Fishbed, and Nanchang Q-5 aircraft. CATIC and CAC are trying to persuade the PLAAF to acquire additional FC-1s to reduce the unit price, but a firm contract has yet been reached. In addition, CATIC/CAC is also trying to promote the aircraft to other potential customers including Bangladesh, Egypt and Nigeria.
It says nothing about PAC and CATIC/CAC sharing 50% of the profits.
I think CATIC/CAC would receive profits from its exports including to Pakistan.
Pakistan would profit from acquiring some tech, and knowhow, as well as receiving 150 JF17s which they need.