Janes.com - Farnborough 2014: Paramount receives significant interest in AHRLAC, ahead of imminent first flight
South African company Paramount Group is in "very advanced" discussions with a number of potential customers for its Advanced High-Performance Reconnaissance and Light Attack Aircraft (AHRLAC) ahead of the maiden flight planned for later this month, the company's executive chairman said on 16 July.
Farnborough – Boeing and Paramount Group, Africa’s largest privately-owned defense and aerospace business, signed a memorandum of collaboration on Tuesday to jointly develop defense and security opportunities in key international markets.
Boeing’s defence division has revealed its first industrial move on the African continent, launching a wide-ranging partnership with Midrand, South Africa-based Paramount Group.
FARNBOROUGH, England. The Boeing Company (NYSE: BA) and Paramount Group, Africa’s largest privately-owned defense and aerospace business, today signed a memorandum of collaboration to jointly develop defense and security opportunities in key international markets.
South African conglomerate Paramount unveiled a light attack and reconnaissance aircraft called the advanced high-performance reconnaissance light aircraft (AHRLAC) on 10 July in Pretoria.