Paramount Group enjoys phenomenal success with its MWARI “SMART” aircraft at IDEX 2017

13 Mar 2017
Pretoria, South Africa |9 March 2017 – The Paramount Group, the African-based global defence and aerospace company, has enjoyed excellent success at IDEX 2017 in Abu Dhabi this year, showcasing its flagship MWARI “SMART” intelligence, reconnaissance and precision strike aircraft as it plans to continue growing its presence in the Middle East.

The MWARI was one of the biggest stories of the show and attracted attention from various Governments, official delegations, industry partners and the media.

Paramount Group was honoured to receive a visit from His Highness Mohammed bin Zayed bin Al-Nahyan, the Crown Prince of Abu Dhabi and the Deputy Supreme Commander of the UAE Armed Forces. Other official and ministerial visits included the Defence Minister of Greece and the Defence Minister of Columbia. 

The aircraft is a smart, innovative ‘command centre in the sky’ that integrates some of the world’s most advanced Multi-Function-Displays, Electro Optical Systems, Electronic Intelligence gathering and compact sensory equipment available in the world today. Combining this with the capability to carry a range of sophisticated precision strike weapons, MWARI is able to deliver precisely targeted surgical strikes against targets of opportunity, whilst minimising the risk of collateral damage usually associated with other systems.

Operating for less than $1,000 an hour, the aircraft is a first-of-its-kind South African-built plane, with the unique ability to perform a wide-range of critical mission tasks at a tiny fraction of the cost of its competitors.  Crucially, it is the first aircraft designed with multiple missions in mind, combining the technology of a BAE Systems Hawk aircraft and the job of a light helicopter, making it ideally suited to tackle the current insurgency and asymmetrical threats currently found in many parts of the world.  

The MWARI is also key to the company’s aim to expand its market and customer base in the Middle East.  With its portfolio including Mwari, its range of advanced 4x4, 6x6 and 8x8 armoured vehicles, UAVs and aerospace mission systems solutions the company is expecting to increase their sales to the Middle East market by 50 percent over the next two years.

In addition to sales, the company intends to continue establishing strong partnerships in the region,   building on their existing production-sharing agreement in Jordan and their other partnerships in the region.

Ivor Ichikowitz, Founder and Executive Chairman of Paramount Group said:

"We believe the Middle East is an ideal environment for production collaboration.  The region is moving away from sourcing equipment from traditional sources and, focussing strongly on developing technology.  In the face of global political and economic instability, we’re also seeing a transition towards affordable defence solutions as governments hope to provide their citizens with sustainable security. 

“This makes the MWARI perfectly suited for the Middle Eastern market.  It does 80 percent of what a fighter jet can do, at 1/12th of the cost, making it exponentially cheaper than anything else on the market.  In today’s world of modern warfare, security threats aren’t clear and you never know who you’re going to fight, where they are, or what they’re equipped with, so deploying a more cost effective solution makes much more sense than deploying far more expensive technologies against an enemy using equipment that are significantly less sophisticated. 

“However, the MWARI has more going for it than just its affordability.  With its ability to take-off and land on improvised airstrips, it requires very little ground support.  You can literally land it on a flat piece of soil in the desert or the jungle, and operate from there. As the leading provider of defence technology solutions from the African continent, we are delighted with its success at IDEX this year”.