China's J-35 Stealth Fighter Jets to Be Acquired by Pakistan, Boosting Investor Confidence
Pakistani Prime Minister Shehbaz Sharif's confirmation of Pakistan's intent to purchase China's J-35 stealth fighter jets has sent Chinese defence stocks soaring, with shares of AVIC Shenyang Aircraft Co. reaching their daily 10% trading limit on the Shanghai exchange. The announcement has boosted investor confidence in China's growing arms exports, with Aerospace Nanhu Electronic Information Technology Co. also rising by as much as 15% amid the news. The J-35, developed by Shenyang Aircraft Corporation, is China's second fifth-generation stealth aircraft, equipped with advanced avionics and electro-optical targeting systems, and is expected to enhance Pakistan's strike capabilities and shift regional air power dynamics.
Key Takeaways:
- The acquisition of the J-35 stealth fighter jets by Pakistan is expected to enhance the country's strike capabilities and strengthen its ability to counter Indian air defences.
- The J-35 is China's second fifth-generation stealth aircraft, after the Chengdu J-20, and is equipped with advanced avionics, electro-optical targeting systems, and a reduced radar cross-section for stealth operations.
- The aircraft is designed for long-range and deep-strike missions, and can carry PL-15 and PL-17 air-to-air missiles, with a top speed of 1,367 mph.
- The J-35 is expected to replace older fleets of F-16s and Mirages, strengthening Pakistan's air power capabilities.
- Pakistani pilots are already in China undergoing training for the aircraft, with initial deliveries expected as early as August.
- The acquisition has boosted investor confidence in China's growing arms exports, with Chinese defence stocks surging in response to the news.
- Defence analyst Brandon J. Weichert stated that the acquisition could shift regional air power dynamics and have significant implications for Pakistan's armed forces.
Statistics:
- The J-35 has a maximum speed of 1,367 mph.
- The aircraft is designed for long-range and deep-strike missions.
- The J-35 is equipped with AESA radar, advanced avionics, electro-optical targeting systems, and a reduced radar cross-section for stealth operations.
- The aircraft can carry PL-15 and PL-17 air-to-air missiles.
- Shares of AVIC Shenyang Aircraft Co. hit their daily 10% trading limit on the Shanghai exchange in response to the news.
- Aerospace Nanhu Electronic Information Technology Co. rose by as much as 15% amid the announcement.
- The J-35 is expected to replace older fleets of F-16s and Mirages in Pakistan's air force.
Sources:
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