PARAMOUNT'S GLOBAL PRESENCE
Paramount Group, established in 1994, is a global leader in the international peacekeeping, defence and internal security sectors.
This international business, headquartered in South Africa, prides itself on driving innovation in the design and development of state-of-the-art technologies which it manufactures throughout the world. Paramount is also a major shareholder in Aerosud, one of southern Africa’s largest aeronautical engineering businesses.
In 2007, Paramount launched the highly advanced Marauder and Matador mine-protected vehicles (MPVs) which offer the highest levels of ballistic and mine blast protection – the iconic V-shaped hulls which are an important feature of the vehicles are acknowledged around the world as a South African innovation.
The Maverick MPV, unveiled the following year, utilises similar technology but is designed primarily to handle the demands of internal security and policing.
The Group offers a wide range of comprehensive defence and peacekeeping solutions, ranging from equipping and upgrading air and naval forces to the provision of personal protection equipment. Another major focus is the implementation and administration of training and rehabilitation programmes in prisons.
Paramount recently announced its partnership with Ashok Leyland, the largest supplier of utility vehicles to the Indian Armed Forces, to produce the Stallion MPV. In addition it is working closely with the government of Azerbaijan, harnessing the Group’s expertise to facilitate the transfer of world class technologies into a new production facility for the manufacture of Matador and Marauder MPVs. This has now been successfully established and will serve as a technological and export hub for the CIS region.
Paramount signed an agreement with the King Abdullah II Design Bureau (KADDB), Jordan’s primary governmental military agency, to establish a production facility in Jordan for the manufacture of Paramount’s Marauder, Matador and Maverick MPVs.
Now the latest in the Paramount stable of superb IED and mine protected vehicles is set to be unveiled…
Paramount in Peacekeeping
Since its formation Paramount Group has played a lead role in peacekeeping missions in Africa and around the world by collaborating with selected partners to provide vital, purpose-designed equipment and support.
In pursuit of its commitment to supporting and developing the defence and security capabilities of its clients Paramount is this year unveiling its brand new innovation in military vehicle technology at Africa’s largest defence exhibition, Africa Aerospace and Defence. This important exhibition will reveal technologies from across the continent to a wide range of African and international buyers.
Paramount Group believes in African solutions for African problems and is committed to helping African countries play a greater role in their own peacekeeping and security operations and military deployments. It is focused on providing highly-advanced equipment, training and support to facilitate these missions and to ensure the safety of the soldiers involved.
Countries that previously could not afford to fund peacekeeping and other military commitments are assisted by Paramount’s innovative financing solutions, which allow its partners to secure the high quality equipment they need while spreading the burden of repayment.
Paramount provides extensive training to promote excellence in military deployments, including demanding peacekeeping roles. Not only does the Group train Sovereign state military personnel and technicians but also police, internal security and justice services that are involved in peacekeeping operations.
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