Powering Innovation

Johannesburg. 5 October 2017. Paramount Group, the African based global aerospace and defence company, today announced the significant enhancement of its pilot training capability through its acquisition of four Dual-Seater Mirage F1 fighter aircraft from the French Government.

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Boeing, through its subsidiary Aviall, this week announced Aviall’s leadership role in supply chain management for production of the Advanced High-Performance Reconnaissance Light Aircraft (AHRLAC), developed by Paramount Group.

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Lakeland, FL (April 9, 2018) - Draken International, a global leader in advanced adversary air services, has signed an agreement with Paramount Aerospace Systems, a subsidiary of Paramount Group, for the overhaul and ongoing engineering support of their recently acquired fleet of Mirage F1M aircraft from the Spanish Air Force.

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PARAMOUNT GROUP USA

Headquartered in Dallas-Ft. Worth, Paramount Group USA is the incorporated US entity of the Paramount Group, and the parent company of Paramount Aerospace Systems USA, its wholly-owned US subsidiary.
Paramount Group is one of the world’s leading aerospace and defense companies with global industrial production capability, providing fully integrated and turn-key air, maritime, and land solutions.

About

Established in 1994 in South Africa, Paramount Group remains a leading innovator in the design and development of state-of-the-art platforms and services. Today, the company works closely with governments and industry partners around the world to support stability and sustainable economic growth through local industrialization, the development of new technologies, skills transfer and job creation.

Active across four continents and forty countries, Paramount Group is one of the world’s fastest growing aerospace and defense organizations. Key to Paramount Group’s success worldwide has been its long-standing commitment to the establishment of local manufacturing and regional service hubs. As a result, Paramount Group has enjoyed continued growth, hosting an excellent track record of delivering innovation to the warfighter.

Paramount Aerospace Systems USA

Paramount Aerospace Systems USA is a wholly-owned subsidiary of the Paramount Group US Inc, providing aircraft supply, maintenance, ground support, pilot training, air base construction, and aircraft modernization to Air Forces around the world.
Paramount specializes in the modernization of fixed wing platforms and possess extensive capabilities on the Mirage F1 with full airframe and engine overhaul capability, as well as the ability to upgrade, modernize avionics and mission systems.
Multi-billion-dollar training programs within the United States Air Force (USAF) are driving massive expansion in the market for privately contracted fighter jets for aggressor squadron training. United States defense contractors have acquired hundreds of legacy fighter jets—particularly the Mirage F1 aircraft—in order to meet consistent demand for Adversary Air training. Paramount Aerospace Systems is recognized as one of the only companies in the world that possesses an extensive depth of Mirage F1 experience and knowledge.
The company has supported a number of Air Forces globally with a complete Mirage F1 solution, from air base establishment, aircraft maintenance and modernization, to pilot training. Today, Paramount Group is uniquely qualified to support the Mirage F1 fighter jet.

PIONEERING AEROSPACE PROGRAMS

Paramount Group offers a wide range of aerial solutions, from supersonic fighter aircraft to the revolutionary MWARI/BRONCO II, to providing a unique Top Gun Academy for pilot training.
Designed to tackle the challenges of asymmetrical combat, the BRONCO II is a revolutionary new reconnaissance and light attack aircraft, destined for a significant role within a wide range of military tasks around the world. The two-crew aircraft can carry out a diverse range of operations including surveillance, policing, border/coastal patrol and anti-smuggling, armed patrol and counter insurgency operations, disaster relief and emergency supply to remote areas.
The Paramount Pilot Academy in South Africa provides professional training on fixed wing aircraft from ab initio through supersonic capability, as well training on a variety of rotary wing platforms. From basic flying through advanced close air support, night flying, air/ground integration, and others, Paramount is the preeminent Air Academy on the continent, and is the partner of choice for all foreign Air Force training programs in Africa.
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GROUNDBREAKING LAND SYSTEMS

Paramount has developed a world-class family of powerful armored and mine-protected vehicles.
Clean sheet design and the most advanced technology ensures that each of our vehicles, including the Matador and Marauder Mine Protected Vehicles (MPV), the Maverick Internal Security Vehicle (ISV), the Mbombe 6 x 6 Armored Fighting Vehicle (AFV) and Mbombe 8 x 8, our latest new generation Infantry Fighting Vehicle (IFV) provides exemplary performance in survivability, mobility and firepower. Each vehicle is tested to NATO specifications with independent certification. Paramount Land Systems delivers exemplary performance in protection, mobility and firepower, manufactured to meet the contemporary challenges faced by land forces around the world.
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STATE OF THE ART NAVAL SYSTEMS

Paramount Group offers mission-customized and multi-role maritime vessels. With our deep naval expertise, we are serving the naval defense industry through Paramount Naval Systems, Paramount Maritime, and our strategic partnerships with fellow global market leaders.
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ADVANCED TECHNOLOGIES

Paramount proudly deploys Fourth Industrial Revolution (4IR) inspired solutions in this arena, with an extensive portfolio that includes modern mission systems and sensors, systems integration, avionics, logistical and planning support, research and development, UAVs and what has been deemed “the future of wholly integrated command and control systems.
Paramount Group specializes in integrating advanced systems that expand reconnaissance and intelligence gathering capacity, such as the scalable and modular Surveillance and Intelligence Network (or SAINTS), as well as providing customers with affordable capabilities to discover and assess potential security threats in any environment.

Our Advanced Technologies set a new industry standard for situational awareness in the field.

Working with partners across the globe, we proudly extend mission performance and lifespan of a myriad of fixed wing aircraft, helicopters and unmanned airborne systems. As well as enhancing the operational performance of such aircraft, this approach is extremely cost effective, offering an alternative for these partners to buying costly new equipment.
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A HOLISTIC PORTABLE MANUFACTURING MODEL

Doing things differently is an important differentiator of Paramount Group.
The company has pioneered a portable manufacturing model which enables in-country manufacturing, the transfer of technology and skills and the creation of local job opportunities.

Depending on the requirements of the client, this could also result in the development of a defense industrial complex, creating significant benefits for the economy.
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