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Paramount Group
 | |
| Company type | Proprietary company |
|---|---|
| Industry | Defence Aerospace Shipbuilding |
| Founded | 1994 |
| Founder | Ivor Ichikowitz |
| Headquarters | , |
Area served | Worldwide |
Key people | Steve Griessel (CEO) |
| Products | Combat systems, aircraft, helicopters, combat vehicles, boats, ships |
Number of employees | >3,000 |
| Website | www.paramountgroup.com |
Paramount Group is a Global Aerospace & Defence group of companies operating in the global defence, internal security and peacekeeping industries. Established in South Africa in 1994, it offers a range of military aircraft, armoured vehicles, maritime systems, equipment and training to governments.
Since 2006, Paramount Group has been expanding its presence in the aerospace sector. During 2011, the company unveiled the AHRLAC (Advanced High Performance Reconnaissance Light Aircraft), a long-range reconnaissance and surveillance aircraft; it is the first military fixed-wing aircraft to be designed and built indigenously in Africa.[1][2] In 2013, Paramount Group acquired South African aerospace firm Advanced Technologies and Engineering (ATE); during the following year, it announced the acquisition of the South African aerospace company Aerosud, its primary partner on the ARHLAC. Both firms have been integrated into the group.
- ^ "Advanced High Performance Reconnaissance Light Aircraft (AHRLAC)". Airforce Technology. 15 June 2011. Retrieved 13 May 2013.
- ^ "South Africa Military Defense". CNN. 11 July 2016. Retrieved 16 August 2016.
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