Paramount Group

Paramount Group is a world leader in defence and security innovation with an exceptional reputation for developing and delivering integrated solutions for defence, internal security and peacekeeping forces across the world.

The largest privately-owned defence and aerospace business in Africa, it has unique capabilities in land systems, aerospace, naval systems, advanced technologies and electronic systems.

Since its inception in 1994, Paramount Group has established itself as a global innovator with the development of one of the world's most advanced families of armoured combat vehicles, and a revolutionary reconnaissance and surveillance aircraft, the first aerial platform of its kind.

Paramount Group has one of the strongest aerospace offerings in Africa comprising supersonic fighter aircraft solutions, air force establishment, systems integration, avionics, UAVs, sighting and mission sensors. Integrating advanced systems that extend the mission performance and lifespan of fixed wing aircraft, helicopters and unmanned airborne vehicles is a key competence.

The Group also offers the manufacture, maintenance and refurbishment of naval vessels including light strike craft, rapid intervention and off shore patrol vessels at its own facilities.

Paramount Group is a trusted partner of sovereign governments around the world.

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Boeing and Paramount ink cooperation agreement as Boeing expands African presence

Boeing and Paramount Group cemented their recently announced cooperation agreement with a signing ceremony at the Africa Aerospace and Defence (AAD) show on Wednesday, revealing they will cooperate in areas such as unmanned aerial vehicles (UAVs), robots and helicopters.

Paramount Group Executive Chairman Ivor Ichikowitz said that, “There will be specific collaboration in the UAV space, we are looking at collaboration in the robotics space and collaboration in the rotor wing space, we’re looking at collaboration on their platforms and our mission systems. There are lots of possibilities. There are opportunities in the naval space, there are opportunities to support US Africom activities in Africa.”

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Paramount to collaborate with Turkish defence company

South African defence and security company Paramount Group has signed a collaboration agreement with Aselsan, a Turkish company that produces tactical military radios and defence electronic systems for the Turkish Armed Forces.

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More than the sum of their parts [AAD142]

A Memorandum of Understanding has been signed at AAD between Aselsan (Hangar 1, Stand B17) and Paramount Advanced Technologies (Pty) Ltd. (Hangar 4, Stand A414).

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Paramount establishes Paramount Aerospace Azerbaijan

Paramount Group has signed a joint venture agreement with Azerbaijan’s AirTechServices Corporation to form Paramount Aerospace Azerbaijan, which will offer manufacturing capabilities for the modernisation and enhancement of helicopters and fixed wing aircraft.

The new company was announced in Baku yesterday during the Azerbaijan Defence Expo (ADEX). Paramount said the partnership has created a strong force which positions it as a leader in cutting edge aerospace technologies in the region giving it the advantage of manufacturing, upgrading and integrating various capabilities across a range of helicopters and fixed wing aircraft platforms, including Mi-17 and Mi-24 helicopters and Su-25 and MiG-29 aircraft.

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Paramount acquires Veecraft Marine

Paramount Group company Nautic Africa has acquired Cape Town-based vessel builder Veecraft Marine, giving Paramount the capability to build vessels from eight to over a hundred metres in length.

The company has been completely taken over and integration is in progress, according to Ivor Ichikowitz, Executive Chairman of Paramount Group, who told journalists this morning that an official signing ceremony will be held at the Africa Aerospace and Defence (AAD) exhibition later this month.

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About Paramount Group


BBC Interview with Ivor Ichikowitz