- Dec 5, 2014
- Reaction score
South African land systems specialist Paramount has signed another agreement to create a joint venture (JV) company in Jordan with the King Abdullah II Design and Development Bureau (KADDB), it was announced on 6 May.
The creation of the new company - Arabian Defence Industries - was announced at the Special Operations Forces Exhibition & Conference (SOFEX) in Amman.
Reports from SOFEX suggested that the JV would focus on local production of the Mbombe infantry combat vehicle, of which Jordan was also reported to be purchasing 50 units from the South African company. Other activities of the JV would cover modernising and upgrading Hawk aircraft as well as Mi-17 and Mi-24 Russian helicopters and Super Puma helicopters.
UPDATE: Paramount and KADDB establish another defence joint venture - IHS Jane's 360