UAE headquartered Paramount, the global aerospace and technology company with a 29-year track record of developing defence solutions in challenging environments is showcasing its new brand evolution at the ongoing IDEX 2023. Headquartered in the UAE , Paramount is charting...
To read the full article, please log in or enter your email below:
UAE headquartered Paramount, the global aerospace and technology company with a 29-year track record of developing defence solutions in challenging environments is showcasing its new brand evolution at the ongoing IDEX 2023.
Headquartered in the UAE , Paramount is charting new territory, evolving from a legacy manufacturer to a technology-driven, future-focused OEM. Its brand evolution celebrates the company’s upcoming 30 year anniversary and its move towards a 360 degree technology solutions provider, leveraging its extensive and proven IP base to enable defence industrialization within its customer countries
Founder of Paramount, Ivor Ichikowitz stated: “Over the past 30 years, the world has changed significantly, and so has our trajectory. Our new logo is in line with the growth and development of the company and positions us well into the future.
“Our brand evolution reflects our transformation into a complete technology company. We are focused on designing, engineering, prototyping, industrialization, assembly and certification of ingenious, 360-degree, battle-proven defence solutions that fit each of the local markets we serve.” Ichikowitz said.
Founded in South Africa in 1994, Paramount has manufactured and supplied armoured vehicles, aircraft, naval vessels, sensors and other technologies to more than 25 countries across the globe. The company operates in Africa, the Middle East, Europe, the Americas, Central Asia and Southeast Asia.
Among Paramount’s current technology priority areas is the expansion of its autonomous or optionally-manned capability based on its existing portfolio of air, sea and land assets platforms. Additionally, the company is increasing its comprehensive range of unmanned aerial systems (UAS) technology.
“Today, the majority of projects that we do around the world relate to either evolving technology that we've already developed for the unique requirements of each country, or using our wide-ranging IP and expertise to develop new products that solve specific operational requirements.” Ichikowitz added.
Paramount offers portable, in-country manufacturing and transfer of technology, skills, and licensed IP. This approach enables countries to develop independent defence capabilities, creating local jobs and supporting the domestic economy while protecting territorial sovereignty and maintaining peace and stability.
As the industry’s leading portable defence manufacturing solutions provider, Paramount is well-positioned to help governments worldwide achieve their strategic goals. The company’s holistic solutions approach integrates licensed IP with extensive land, sea & air capabilities to enable governments to develop fully integrated independent defence solutions in-country.
Paramount has a proven track record of building successful industrial partnerships and actively seeks global partnerships with governments and other industrial partners or national champions to broaden its international footprint further. The company has expanded globally through a number of strategic acquisitions, joint ventures, global partnerships and various product innovations.
Steve Griessel, Group CEO of Paramount stated: “In the current geopolitical environment, defence industrial autonomy is one of the most important considerations for any government. Paramount’s relevance in regions like the Middle East is increasing substantially. We remain one of the few organisations in the defence industry worldwide, with the depth and breadth of capability across several domains, who has as its business model the sharing of technology and the development of domestic industrial capability.
“Paramount has the advantage that over the past 29 years we have invested the time and funds to develop the base technology and to develop battle proven certified products. This adds huge value to our industrial partners who are able to have a running start by partnering with us on portable production to fast track defence industrial capability.”
The company has a global presence of offices in various countries including the United Arab Emirates, South Africa, United Kingdom, USA, Nigeria, Ghana, Cyprus, Kazakhstan and Greece. Its aircraft, vehicles, autonomous systems and naval vessels are manufactured at various manufacturing sites around the world.
“Our objective for the next five years is to expand portable production across five or six production facilities around the world. It’s time to use the building blocks of our success to create the platform for our expanding global growth. Our brand messaging and the Paramount logo has evolved to reflect and position Paramount for the next 30 years.” Griessel concluded.
Northrop Grumman has signed a Memorandum of Understanding with ROMARM, a Romanian state-owned leader in defense, to collaborate in offering…
Northrop Grumman successfully launched a threat-representative target recently for the Missile Defense Agency’s (MDA) Long Range Discrimination Radar non-intercept operational…
Boeing has been awarded a $2.8B contract for the Evolved Strategic Satellite Communications (ESS) program, the space-based component of the…
The Philippine Navy (PN) has confirmed ongoing discussions regarding the possible transfer of Abukuma-class destroyer escorts from the Japan Maritime…
Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, has confirmed an order for 20 additional Airbus A330-900 aircraft,…
Indonesia is reportedly preparing to purchase up to 24 additional Rafale fighter jets from Dassault Aviation, according to La Tribune,…
Air France–KLM announced on Friday that it is initiating proceedings to take a majority stake in SAS. The group currently…
AGlaze International Ltd. and Gryphon Aviation Partners (UK) Ltd. have announced that Maldivian, operated by Island Aviation Services Limited (IASL),…
Ethiopian Airlines has introduced a fifth weekly direct flight between Addis Ababa and Singapore, expanding its services on the route…
Thailand’s long-delayed plan to procure a Chinese-built S26T submarine has received formal approval from Deputy Prime Minister and Interior Minister…
Aselsan, Türkiye’s leading defense company, has successfully completed the test of YILDIRIM 100 Directed Infrared Countermeasure (DIRCM) System, deflecting live…
A handover ceremony for the KRI Brawijaya (320), a Multipurpose Combat Ship (MPCS/PPA), was held on 3 July at Fincantieri’s…
The Board of Directors of Baykar Piaggio Aerospace S.p.A. has appointed Giovanni Tomassini as Chief Executive Officer. Tomassini had been…
Clarion Events Defence and Security has announced the appointment of Colonel (ret) Bernd Kögel as Managing Director of DSEI Germany,…
Fincantieri Marine Group (FMG), the U.S. subsidiary of Italy’s Fincantieri, has appointed George A. Moutafis as its new Chief Executive…
Scoot, the low-cost subsidiary of Singapore Airlines, has announced the launch of new services to three destinations: Da Nang and…
More European countries are expected to acquire the Elbit PULS system in the years to come. Important industrial partnerships, operational…
Fokker Services Group (FSG), an aircraft maintenance, modifications, completions, and conversions company, has installed a Supervisory Board, effective July 1.…
Spanish defence technology company EM&E Group has completed the delivery of two aunav.NEO HD robots to the Indonesian Marine Corps’…
TEST-FUCHS Aerospace Systems GmbH and Deutsche Aircraft have begun prototype testing of the D328eco regional turboprop's fuel system, including trials…
The European Space Agency (ESA) has confirmed the successful launch of Sentinel-4, an air quality monitoring instrument developed by Airbus,…
XTEND Reality Inc., a developer of human-guided autonomous drone systems, has opened a new headquarters and manufacturing site in Tampa,…
Philippine's Defence Secretary Gilberto Teodoro Jr. has reiterated that the country’s planned Multi-Role Fighter (MRF) programme must be pursued as…
The European defense sector has taken a significant step forward with the launch of the Project MARTE (Main ARmoured Tank…
Embraer is now accepting applications for the new edition of the Master of Science in Aeronautical Engineering Program, a career…
TEST-FUCHS Aerospace Systems and Deutsche Aircraft have announced a significant achievement in the development of the D328eco, a next-generation regional…
The Romanian ministry of defence has selected the Rafael Spyder air defence system. The contract is valued at about €1.9…
Sentrycs, specializing in Protocol Manipulation-based counter-drone technology—commonly known as Cyber over RF—has announced the integration of its solution into Rafael’s…
Blueberry Aviation, global aircraft sales specialist, has appointed Gwenola Robert as Vice President Contracts. Robert will work alongside the Commercial…
AL TAIF, a maintenance, repair and overhaul (MRO) service provider under UAE-based defence group EDGE, has signed a Memorandum of…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2024. GBP. All Rights Reserved.
Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us
2025 GBP all rights reserved.