Karachi, October 27, 2025 –
PIA Holding Company Limited (PIAHCL) has approved the transfer of its subsidiary, Precision Engineering Complex (PEC), to a new entity under the Pakistan Air Force (PAF). This move marks a significant milestone in PIA’s ongoing restructuring efforts to streamline operations and enhance efficiency. The transfer aims to leverage PAF’s expertise in managing PEC’s advanced engineering capabilities, ensuring its strategic growth. PIAHCL’s decision aligns with Pakistan’s broader economic reforms, fostering collaboration between state institutions. The transfer is expected to strengthen PEC’s role in aerospace and defense sectors.