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Precision Engineering Complex (Private) Limited

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The Precision Engineering Complex (PEC) is a specialized manufacturing and engineering facility that was a subsidiary of the Pakistan International Airlines Holding Company Limited (PIAHCL) before being transferred to an entity owned by the Pakistan Air Force. Established originally as a unit of Pakistan International Airlines (PIA), the PEC is an integrated complex that focuses on producing high-precision components for the aerospace and broader engineering industries. Its capabilities encompass various disciplines, including investment casting, Conventional and CNC (Computer Numerical Control) machining, optics, PCB (Printed Circuit Board) manufacturing, electrical, electronics, and composites. As a key player in the country's engineering sector, the facility has secured international certifications and operates as a supplier to global aerospace giants such as General Electric, Airbus Industries, and Boeing. The transfer of ownership from PIAHCL to Precision Engineering Complex (Private) Limited, a designated company of the Pakistan Air Force, was approved by PIAHCL shareholders in late 2025 as part of the broader government-led restructuring and privatization effort concerning the national flag carrier.[1][2][3][4][5][6][7]

  1. ^ Desk, BR Web (2025-09-24). "PIA Holding to transfer Precision Engineering Complex to PAF entity". Brecorder. Retrieved 2025-10-28. {{cite web}}: |last= has generic name (help)
  2. ^ Desk, News (2025-10-27). "PIA Holding approves transfer of Precision Engineering Complex to PAF-owned company". Profit by Pakistan Today. Retrieved 2025-10-28. {{cite web}}: |last= has generic name (help)
  3. ^ Desk, Business (2025-10-27). "PIA Holding Company Approves Transfer of PEC to PAF-Controlled Entity". ProPakistani. Retrieved 2025-10-28. {{cite web}}: |last= has generic name (help)
  4. ^ Desk, News (2025-09-24). "PIA to transfer Precision Engineering Complex to Pakistan Air Force-controlled entity". Profit by Pakistan Today. Retrieved 2025-10-28. {{cite web}}: |last= has generic name (help)
  5. ^ "PIA approves transfer of Precision Engineering Complex to Pakistan Air Force entity"".
  6. ^ Desk, BR Web (2025-10-27). "Precision Engineering Complex carved out of PIA Holding, transferred to Pakistan Air Force entity". Brecorder. Retrieved 2025-10-28. {{cite web}}: |last= has generic name (help)
  7. ^ Desk, BR Web (2025-09-24). "PIA Holding to transfer Precision Engineering Complex to PAF entity". Brecorder. Retrieved 2025-10-28. {{cite web}}: |last= has generic name (help)