quoted Ukrainian sources who said over 500 engines would be exported to Baykar over the next ten years, with a total value of over $600 million.is a venerable aerospace company, founded in 1907 and long considered one of the largest suppliers of aircraft engines in the world.
In early 2021, a group of Chinese corporations attempted to take control of Motor Sich, headed up by a firm called Skyrizon Aviation with links to the Chinese military. Skyrizon managed to buy a controlling stake in Motor Sich under the previous Ukrainian president, Petro Poroshenko, but current President Volodymyr Zelensky blocked Skyrizon and its partners from completing the takeover.
Zelensky insisted he was not trying to pick a fight with China or get drawn into the “cold war between China and the United States,” but was merely trying to protect the vital national asset of Motor Sich from being controlled by any foreign entity. The Chinese companies did not back down from their efforts to take over Motor Sich, so in March 2021, the Ukrainian governmentMotor Sich executives accused the would-be Chinese buyers of failing to pay for the shares of stock they acquired, a charge the Chinese companies angrily denied. The Chinese consortium in turn threatened to file lawsuits in Ukrainian, Chinese, and international courts.
The U.S. Embassy in Kyiv supported Zelensky’s actions, warning that Skyrizon’s “predator investments and technology acquisitions in Ukraine” created an “unacceptable risk of diversion to military end use” by China.