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SAAMDEC aiming for positive growth of SA defence exports

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The South African Aerospace Maritime and Defence Export Council (SAAMDEC) has released its business plan for the financial year 2019/20, which predicts positive growth...

Ahrlac business rescue plan announced

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In the on-going legal saga over the Ahrlac aircraft, the business rescue practitioner (BRP) appointed to settle the shareholder battle has arrived at a...

Specialist K9 units deployed to South East Asia in response to...

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Johannesburg, August 2019. The Ichikowitz Family Foundation (IFF) proudly announces its deployment of specialist K9 units, trained by Paramount K9 Solutions, to Malaysia in...

ATAC gets first Mirage F1 into the air

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The Airborne Tactical Advantage Company (ATAC), now owned by Textron, has recently performed the maiden flight of one of the 63 Mirage F1s it...

Paramount-trained dogs combating wildlife crime in Malaysia

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Dogs specially trained by Paramount K9 Solutions have been deployed to Malaysia to combat a surge in illegal wildlife trafficking, working with Malaysian non-profit...

Veecraft Marine Launches New Shipbuilding Facilities in Cape Town

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August 12, 2019, Cape Town - Veecraft Marine, a wholly-owned subsidiary of Paramount Maritime Holdings and African-based global aerospace and technology company Paramount Group,...

Special Forces boats, R200 million order book keep Veecraft busy

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Paramount subsidiary Veecraft Marine has an order book of more than R200 million, and has delivered over 60 vessels in various classes since inception...

Veecraft Marine expands production capacity

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Cape Town based Veecraft Marine has considerably expanded its production capacity by moving to new premises in the Port of Cape Town. Part of the...

Nigerian Air Force receives 21 special operations dogs

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The Nigerian Air Force (NAF) has received 21 special operation dogs which returned from South Africa on 6 August after receiving advanced training from...

Paramount Group Celebrates 60 Years of Ghanaian Naval Excellence at IMDEC...

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JOHANNESBURG, SOUTH AFRICA – 21 July, 2019 – Paramount Group, the African-based global aerospace and technology company, announced its support for the Ghanaian Navy’s...

Greater collaboration in maritime security, trade could be key to Africa’s...

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Maritime security and trade may be the key to Africa’s economic future, according to Eric Ichikowitz, senior vice president of Paramount Group. Despite the seismic...

Saudi Arabian Military Industries and Paramount Group Sign High-Level Collaboration Agreement...

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Riyadh, 3 July 2019: Saudi Arabian Military Industries (SAMI) and Paramount Group, the global aerospace and technology company, announced the signing of a high-level...

Nigerian Air Force Starts K-9 Unit Training With Paramount Group

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Johannesburg - June 25th, 2019. Military personnel from the Nigerian Air Force (NAF) are undergoing training in South Africa to qualify as highly specialized...

Paramount the platinum sponsor of Ghana’s International Maritime Exhibition

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Paramount Group has announced it is the platinum sponsor of the International Maritime Defense Exhibition and Conference (IMDEC) underway in Accra, Ghana. IMDEC coincides with...

Ahrlac fate in business rescue practitioner’s hands in on-going shareholder battle

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The business rescue process for the Ahrlac aircraft, being developed by Paramount and the Aerospace Development Corporation (ADC), is fraught with complications as the...

Saudi Arabia and Paramount sign defence co-operation agreement

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Saudi Arabian Military Industries (SAMI) and Paramount Group signed a collaboration agreement as part of the Gulf kingdom's efforts to develop its domestic defence...

Paramount providing dog training to Nigerian Air Force

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Paramount K9 Solutions has started training personnel from the Nigerian Air Force (NAF), who will graduate as specialised Canine Unit operatives. Paramount said the training,...

Business rescue underway for Ahrlac

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The Aerospace Development Corporation (ADC), which is developing the Ahrlac aircraft, is currently undergoing business rescue proceedings in order to ensure the sustainability of...

Paramount Group bolster search and rescue efforts amid Cyclone Idai aftermath...

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Johannesburg. 9 April 2019 - Paramount K9 Solutions, subsidiary of Paramount Group, the South African-based global aerospace and defence company, announced that the specialist...

Paramount confirms Marauders in service with the Nigerian Air Force

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Paramount Group has confirmed that it has supplied Marauder armoured vehicles to Nigeria, where they are operated by the Nigerian Air Force. Earlier this month...

Nigeria operating Marauder armoured vehicles

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Nigeria is a new customer for Paramount Group’s Marauder armoured vehicle, with the type having being delivered a few weeks ago. News of the type...

Business rescue for Ahrlac?

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Paramount Aerospace Holdings, a subsidiary of Paramount Group, has made an application for the commencement of business rescue proceedings for the Aerospace Development Corporation...

South African defence firm Paramount Group secures contract with United Arab...

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Abu Dhabi, UAE, February 19, 2019. Paramount Group, the South African-based global defence and aerospace company, has unveiled its next generation armoured personnel carrier,...

Paramount Group launches next-generation armoured vehicle at IDEX 2019

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Abu Dhabi, UAE, February 17, 2019 - Paramount Group, the global defence and aerospace company, has unveiled its next generation armoured personnel carrier -...

Paramount plans to develop Africa’s defence industry

South African defence company Paramount Group expects to sign agreements with four African governments this year to set up production facilities in their countries,...

Paramount receives first order for Mbombe 4×4

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Paramount Group has received a contract from the United Arab Emirates (UAE) for its newly unveiled Mbombe 4x4 armoured personnel carrier (APC). The contract, for...

Paramount launches new Mbombe 4 armoured vehicle

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The Paramount Group has launched its new Mbombe 4 armoured vehicle at the IDEX 2019 defence show in Abu Dhabi, which it says is...

Kazakhstan Paramount Engineering a big user of Allison transmissions

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Kazakhstan Paramount Engineering (KPE), a joint venture between Paramount Group and Kazakhstan Engineering, is making use of Allison automatic transmissions for its armoured vehicle...

Paramount expands UAV collaboration

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Paramount Advanced Technologies (PAT) is promoting a range of new unmanned aerial vehicles (UAVs) as part of its collaborative model with other companies. Ralph Mills,...

KPE delivers more Arlan and Alan vehicles to Kazakhstan

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Kazakhstan Paramount Engineering (KPE) has delivered another batch of armoured vehicles to the Ministry of Defense of the Republic of Kazakhstan. KPE on 28 November...

Veecraft partners with Unique Group for manufacture of Hydracraft 1400

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Veecraft Marine, subsidiary of Paramount Maritime Holdings, and Unique Group yesterday announced a strategic Agreement for the continued manufacture of HYDRACraft 1400...

Paramount appeals for local and international defence collaboration

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Ivor Ichikowitz, founder and executive chairman of Paramount Group, has appealed for local defence contractors and manufacturers to work together - locally...

Saudis seek wide-ranging deals with South African arms firms

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Saudi Arabia is in talks with South Africa's major arms manufacturers and is considering taking an equity stake in the struggling state-owned...

Paramount announces CEO of Paramount South Africa

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Paramount South Africa, launched by Paramount Group last month, has announce the appointment of Mike M. Ramagoma, former Head of Ministerial Services...

Nigerian Navy orders 15 patrol boats from Paramount Maritime

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The Nigerian Navy has ordered 15 new rigid hull inflatable boats (RHIBs) from Paramount Maritime, after commissioning into service ten RHIBs last...

Paramount South Africa launched with first new contract

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Paramount Group has announced the creation of Paramount South Africa to partner with local industry. Speaking at the African Aerospace and Defence Exhibition...

Crisis demands revamped South Africa defence sector – Paramount

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Effective collaboration between companies across South Africa's defence industry and lucrative export markets from Central Asia to Saudi Arabia offer a way...

Paramount and the CSIR announce partnership agreement

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Paramount Group and the Council for Scientific and Industrial Research (CSIR) have announced they will collaborate on a number of projects and...

Paramount and the CSIR announce partnership agreement

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Paramount Group and the Council for Scientific and Industrial Research (CSIR) have announced they will collaborate on a number of projects and...

Paramount unveils SWIFT weapons and sensor suite for jets

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Paramount Group has unveiled its new Smart Weapons Integration on Fast-Jet Trainers (SWIFT) mission system, which it is marketing on the Leonardo...

Paramount and ST Engineering jointly market Belrex vehicles

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Paramount Group and Singapore's ST Engineering have announced they will collaborate on marketing the co-developed Belrex range of vehicles internationally. The Belrex Protected...

Paramount launches avionics suite for C-130

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South African defence company Paramount has launched its avionics suite upgrade service for the Lockheed C-130 Hercules, one of the world's most...

Paramount launches surveillance and intelligence network

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Paramount Group has launched its new scalable and modular Surveillance and Intelligence Network (SAINTS) at the Africa Aerospace and Defence 2018 exhibition....

Paramount launches ‘Parabotics’ robotics competition

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Paramount Group has launched a new annual robotics competition entitled ‘Parabotics', open to high school pupils, college students and university undergraduates from...

Nigerian Navy operating Paramount boats

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Paramount Maritime has delivered ten of its Rigid Hull Inflatable Boats (RHIBS) to the Nigerian Navy. The vessels were commissioned into service...

Inaugural Combat Aircraft Conference coming to AAD

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This year's Africa Aerospace and Defence (AAD) exhibition will be hosting the inaugural Combat Aircraft Africa Conference. Paramount is the platinum sponsor and...

Paramount dogs to protect pangolins

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The Ichikowitz Family Foundation and the African Pangolin Working Group have teamed up to protect these threatened animals, with Paramount providing specialist...

Paramount and Argentina sign aviation collaboration agreement

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Argentinian state-owned company FAdeA and the Paramount Group have signed a memorandum of understanding (MoU) on defence industrial collaboration, marking the first...

Paramount Advanced Technologies launches communications offerings

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Recognising the importance of connectivity, Paramount Advanced Technologies (PAT) is expanding into the communications sector and offering a range of new technologies...

Kazakhstan orders more Arlan vehicles from Paramount

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Kazakhstan has ordered another batch of Arlan (Marauder) 4x4 armoured vehicles from the Paramount Group and its joint venture Kazakhstan Paramount Engineering...