Boeing and Paramount sign defence and security agreement


Boeing and Paramount Group today at the Farnborough International Airshow signed a memorandum of collaboration to jointly develop defence and security opportunities in key international markets.

The agreement will allow Boeing and Paramount to apply their complementary strengths in providing aircraft and land systems solutions for customers in Africa and other major markets that face a range of security challenges, Boeing said in a statement. Those include border security; heavy airlift of products and personnel across vast distances; coastal piracy and anti-poaching; and disaster and humanitarian relief as part of future coalition efforts.

Platforms being explored under the collaboration include various Boeing rotorcraft, unmanned aerial systems and related support services, as well as Paramount’s portfolio of land vehicles and aerospace systems capabilities.
“Boeing and Paramount will be able to provide new or existing customers with a unique partnering of defence solutions and capabilities, including the retrofitting or refurbishment of existing platforms, systems integration, as well as training and maintenance support for any new acquisitions,” said Chris Chadwick, president and CEO of Boeing Defence, Space and Security. “Together we will be able to offer African customers the full scope of defence and security needs from two global leaders in their respective fields.”
“Africa is one of the world’s fastest-growing markets for aerospace and defence equipment, and we are very pleased to be partnering with Boeing to combine our various capabilities to better serve our customers in Africa and elsewhere,” said Ivor Ichikowitz, Paramount Group chairman. “Paramount has extensive world-class design, development and manufacturing capability in Africa, which we consider to be an asset of the continent. It has for many years been our policy to identify best-of-breed partners to collaborate with in growing our African capability.”

Boeing’s defence portfolio includes the KC-46 tanker, 737 Airborne Early Warning platform, ScanEagle unmanned aerial vehicle, P-8 Poseidon maritime patrol aircraft, CH-47 Chinook transport helicopter and AH-64 Apache and AH-6i combat helicopters while Paramount offers armoured vehicles, UAVs, patrol vessels and aircraft upgrades, amongst others.