The first phase of the partnership was to put together bids to supply aircraft components manufactured in China, said Zhang Wei, executive director of the supply-chain management and procurement division of AVIC International Holdings.

WSJ: China Eyes U.S. Defense Contracts

It will use off-the-shelf components. (8) The reactor is in the study phase.

ECONOMIST: The prospects

Having said that, there are some electronics manufacturing companies, the components makers, which are not cheap but have relatively reasonable valuations even in this phase of the rally.

CNN: Riding the Tech Stocks