January 23, 2018 8:31 PM ET

Aerospace and Defense

Company Overview of Paramount Group (Pty) Ltd.

Company Overview

Paramount Group (Pty) Ltd. designs, develops, and manufactures military aircraft, armored vehicles, and integrated solutions for defense, internal security, and peacekeeping forces in South Africa and internationally. It offers land force systems, including supersonic fighter aircraft, avionic, UAV, sighting, and mission sensor and system solutions; naval vessels, including light strike craft, rapid intervention, and off shore patrol vessels; and air force establishment and overhaul solutions, systems integration, fighter pilot training, naval vessel and commercial craft maintenance and refurbishment, and unrivalled logistics support services. The company was founded in 1994 and is based in ...

Paramount Midrand Campus

998 16th Road

Midrand,  1685

South Africa

Founded in 1994


27 11 697 0438


27 11 314 0173

Key Executives for Paramount Group (Pty) Ltd.

Founder, Executive Chairman and Chief Executive Officer
Compensation as of Fiscal Year 2017.

Paramount Group (Pty) Ltd. Key Developments

QinetiQ Group Plc Signs Memorandum of Collaboration with Paramount Group

QinetiQ Group plc and Paramount Group signed a memorandum of collaboration to identify areas of mutual interest by sharing opportunity, design, technology and global market intelligence. The agreement, signed during the biennial Farnborough Air Show, will allow QinetiQ and Paramount Group to consider each other as preferred suppliers for specific projects. The two companies have already identified opportunities across land, sea and air platforms for the joint development of new technologies as well as the enhancement and modernization of existing capabilities. The agreement is expected to facilitate collaboration on a number of areas including rotary and fixed wing upgrades, mission systems enhancements, aero structures, unmanned systems and leveraging synergies in the maritime and naval environment.

Boeing and Paramount Group to Collaborate on Light Multi-Role Aircraft

Boeing and the Paramount Group have expanded their 2014 agreement to cooperate on an advanced mission system for a variant of the Advanced, High Performance, Reconnaissance, Light Aircraft (AHRLAC). A high-wing, two-seat aircraft, AHRLAC is designed to incorporate advanced intelligence, surveillance and reconnaissance (ISR) capabilities and weapons systems. Boeing will develop an integrated mission system for the aircraft enabling ISR and light strike missions for the AHRLAC safety & security, and military variants. This militarized version will be known as Mwari.

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Recent Private Companies Transactions

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