Boeing, Paramount Group enter security deal | Fin24
 
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Boeing, Paramount Group enter security deal

Jul 15 2014 16:30
Fin24
Farnborough – Boeing and Paramount Group, Africa’s largest privately-owned defense and aerospace business, signed a memorandum of collaboration on Tuesday to jointly develop defense and security opportunities in key international markets.

The agreement, signed during the bi-annual Farnborough Airshow, will allow Boeing and Paramount to apply their complementary strengths in providing aircraft and land systems solutions for customers in Africa and other major markets that face a range of security challenges.

Those include border security, heavy airlift of products and personnel across vast distances, coastal piracy and anti-poaching and disaster and humanitarian relief as part of future coalition efforts.

"Africa is one of the world’s fastest-growing markets for aerospace and defense equipment and we are very pleased to be partnering with Boeing to combine our various capabilities to better serve our customers in Africa and elsewhere,” said Paramount Group chair Ivor Ichikowitz.

- Fin24

boeing  |  security  |  airlines  |  aviation
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