Paramount Group

Paramount Group

Company type	Proprietary company
Industry	Defence Aerospace Shipbuilding
Founded	1994; 30 years ago (1994)
Founder	Ivor Ichikowitz
Headquarters	Sandton, City of Johannesburg, Gauteng , South Africa
Area served	Worldwide
Key people	Steve Griessel (CEO)
Products	Combat systems, aircraft, helicopters, combat vehicles, boats, ships
Number of employees	>3,000
Website	www.paramountgroup.com

Paramount Group is a Global Aerospace & Defence group of companies operating in the global defence, internal security and peacekeeping industries. Established in South Africa in 1994, it offers a range of military aircraft, armoured vehicles, maritime systems, equipment and training to governments.

Since 2006, Paramount Group has been expanding its presence in the aerospace sector. During 2011, the company unveiled the AHRLAC (Advanced High Performance Reconnaissance Light Aircraft), a long-range reconnaissance and surveillance aircraft; it is the first military fixed-wing aircraft to be designed and built indigenously in Africa.^[1][2] In 2013, Paramount Group acquired South African aerospace firm Advanced Technologies and Engineering (ATE); during the following year, it announced the acquisition of the South African aerospace company Aerosud, its primary partner on the ARHLAC. Both firms have been integrated into the group.