In the News
Expanding into a new horizon
December 29, 2011
Paramount Group, a cluster of companies with focus in the international peacekeeping, defence and internal security industry sector, hopes to retain its prominent presence in the UAE market through partnership with a UAF-based group. The makers of Africa's first aircraft created from scratch, aim to market and distribute their vehicles in the country as a sign of commitment. Khaleej Times spoke to Ivor Ichikowitz, Executive Chairman of Paramount Group, to get an insight into the group's operations and goals.
Give us a little history and background about the Paramount Group. Paramount Group started in 1994 and is Africa’s largest privately owned defence and aerospace business. We are known for innovation and groundbreaking technologies in land systems and aerospace. We launched Africa’s first designed and built aircraft, AHRLAC, this year. Our investment in next-generation technology innovation is paying off and we are becoming a major player in the global defence market.
Being part of the global defence community, what is the reach of Paramount’s products and solutions around the world in general, and the Middle East and the UAE in particular? We work with government clients across the world. Africa is very important, we manufacture in Central Asia and South America. These regions – and the Middle East in particular – are developing fast.
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