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12.09.2014 13:09

Paramount Group delivers armoured vehicles to Ministry of Defence Industries of Azerbaijan

Paramount Group, Africas largest privately-owned defence and aerospace business today announced the handing over of a further six advanced and battle-tested armoured vehicles, the Marauder, to the Ministry of Defence Industries of Azerbaijan.

The announcement was made on the first day of the Azerbaijan Defence Expo (ADEX) in Baku.

Chairman of Paramount Group, Ivor Ichikowitz said: This is a very important milestone in our relationship with the Ministry of Defence Industries of Azerbaijan. We are continuing to strengthen the ties between Azerbaijan and South Africa. The defence and aerospace industry is one of the most strategic areas of cooperation between nation states. We believe that this collaboration and our investment will continue to support industrial development and boost the high-tech defence and aerospace industry.

The announcement follows the establishment in 2008 of a manufacturing facility to produce Matador and Marauder armoured vehicles in Baku which has seen a sizeable quantity having been produced locally.

Ichikowitz added: With our joint facility having been in operation for the past six years we have a thoroughly streamlined production line that allows for scalability in servicing the local market and region. We are actively looking to introduce other land systems solutions to our production line such as the Mbombe 6x6 Infantry Combat Vehicle and Maverick 4x4 Internal Security Vehicle.

We believe that this will allow the Ministry of Defence Industry and Paramount Group to continue the development of human capital whilst ensuring we best service the Government of Azerbaijan and region with the latest in armoured vehicle technology.

The Marauder is an IED and mine protected vehicle designed to operate in built-up and confined urban settings. It can carry of crew of ten and be configured as either a troop carrier or combat vehicle. In addition to its excellent blast protection Marauder is fitted with a double-skinned hull throughout the cabin and crew compartment to protect it against kinetic attack up to STANAG 4569 Level III.

Matador carries a crew of 14 and was conceived for long range military or peacekeeping operations with the ability to handle rugged and demanding terrains. It also has a top speed of 100 km/h and will protect its crew from 14 kg TNT detonated directly underneath the hull or 21 kg of TNT if detonated under any wheel, without rupture to the hull.

Ichikowitz added: In South Africa we have a strong developed defence and aerospace industry. We are recognized as world-leaders in land systems technologies and much of that capability resides with Paramount Group. We can compete effectively with Europe and the US. Our industry has built a track record over many decades for groundbreaking innovations and technologies.

Earlier today Paramount Group announced a joint venture with AirTechServices Corporation, a leading aerospace organization in Azerbaijan, in a move that will see the establishment of manufacturing capabilities for the modernisation and enhancement of rotary and fixed wing platforms.

The joint venture called Paramount Aerospace Azerbaijan will present a wide range of aerospace capabilities and technologies to the CIS market. This will include the upgrade and modernization of the Mi-17 and Mi-24 helicopters, UAVs and the enhancement of capability for various fixed wing platforms such as the SU-25.

For further information on Paramount Group visit our website on www.paramountgroup.biz

Paramount Group

Paramount Group is Africas largest privately-owned defence and aerospace business. It is a leader in defence and security innovation and is a trusted partner to sovereign governments around the world, providing ground-breaking products, services and consultancy, including support for peacekeeping missions. Please visit www.paramountgroup.biz for more information and follow us on Twitter.

Media Contacts: Nico De Klerk Paramount Group

Tel: +27 76981 0939

Email: nico.deklerk@paramountgroup.biz

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