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April 13, 2011

Shepard by Darren Lake.

As part of its aggressive pursuit of the armoured vehicle market relative newcomer Paramount Group announced at LAAD that two of its vehicles would be trialled by governments in the region and that it expected to see at least one procurement decision in the region in a matter of months.

The South African company is one of the largest privately-owned defence and aerospace companies in Africa and believes that its advanced armoured vehicles can be successful on the wider international stage. The company recently exhibited at IDEX in Abu Dhabi to access the Middle East Market and Latin America is seen as another logical area of interest.

‘We are validating our business model. It’s a global world and we think that there can also be globalisation in defence manufacturing,’ CEO John Craig told Shephard. Read more