The Aerospace Industrial Development Corporation (AIDC), previously known as the Aero Industry Development Center, was founded in 1969 under the authority of the Republic of China Air Force, and was later transferred to the Chung-Shan Institute of Science and Technology (CSIST) in 1983.

In 1996 in support of national aerospace development objectives, AIDC was reformed from a military establishment into a government-owned company under the authority of the Ministry of Economic Affairs. As a market-oriented and successful commercial entity, AIDC worked in tandem towards commercialization, privatization and globalization. Pursuant to the new company objectives, AIDC's business strategy turned from products and services for solely military applications to a well-balanced diversified provider to both military and commercial markets.

Given the highly competitive and technologically demanding nature of the aerospace industry, AIDC proposed its privatization plan to the Government in early 2013. After a comprehensive review and due diligence process by related authorities, the Executive Yuen approved AIDC’s privatization plan on September 13th of the same year. AIDC successfully consummated its privatization through public stock offering and was officially listed on the Taiwan Stock Exchange starting on August 25th, 2014.