Page 18 - Paramount Group News Today

It’s the second big Midtown office landlord to fall that far, as firms brace for a recession

South Africa’s biggest privately-owned defence and aerospace company, Paramount, has announced the delivery of its precision strike aircraft, the Mwari,  to a launch customer in Africa, will take place this week.

Sudan’s state-owned SAFAT Aviation Group has showcased its local aircraft design and manufacture at the Africa Aerospace and Defence (AAD) expo at Waterkloof Air Force Base in Pretoria.

The Paramount Maatla 4x4 offers ballistic protection from handguns and grenades

South Africa's Paramount Aerospace Industries has secured launch customers for its Mwari light attack and surveillance aircraft, announcing on 21 September that nine of the twin-seat single-engined turboprops had been sold “to multiple air f...

The first sales have had been in Africa to a large extent because that’s where we see the biggest operational need, Ichikowitz said.

The Mwari is the advanced reconnaissance, surveillance, and precision strike aircraft. The orders for nine new Mwari’s represent an important milestone in its commercial success and have resulted in full levels of production at Paramount Group’s state-of-the-art aircraft factory, in meeting increasing global demand for the aircraft’s unique capabilities.

Paramount Group has produced and sold the first military aircraft made in South Africa since the 1980s when Denel unveiled the Rooivalk.

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The fourth international military exhibition ADEX-2022 was held in Baku this week. It demonstrated not only the already prominent place of the Azerbaijani defen