×

Maintenance Repair & Overhaul Space Air Cargo

Home- Stories

Paramount, Pt Pindad Collaborate on Armoured Vehicle Systems

: Nov 26, 2019 - : 3:45 am

Paramount Group, the global aerospace and technology company and PT PINDAD, the state-owned defence company of Indonesia, announced the signing of a Memorandum of Understanding (MOU) for the local development, industrialisation and joint marketing of armoured vehicle systems for the Indonesian armed forces.

The MOU was signed during Defence & Security 2019, the biennial defence expo held in Bangkok, Thailand. The MOU provides for the development, local industrialisation and joint marketing of next generation armoured vehicle systems, in response to the local requirements of Indonesian armed forces.  The agreement would enable local manufacturing through technology and skills transfer, the strengthening of local land systems capability, and the creation of new jobs.

Eric Ichikowitz, Senior Vice President  of Paramount Group said, “Indonesia is a regional powerhouse with strategic importance for stability and economic growth in South East Asia. We are pleased to partner with PT PINDAD, the state-owned company with heritage of more than 200 years. There are excellent synergies between our respective organisations laying the foundation for innovation, technology development and the bolstering of local defence capabilities.

“Building defence industrial eco-systems through strategic alliances have been the cornerstone of Paramount’s portable manufacturing model and we are excited to develop our armoured vehicle  systems technologies and solutions through strong and long-term partnerships.

Ichikowitz added, “We are looking forward to the application of our world-leading design and engineering expertise to develop and produce a range of armoured vehicle systems  that is specifically designed to meet the requirements of local end users, including internal security and  defence forces.”

Abraham Mose, President Director of PT Pindad said, “We hope the cooperation with Paramount Group may allow us to develop more defence products together, specifically in the field of armoured vehicles, which will bring mutual benefits for both companies.”

MORE NEWS

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.

Popular Posts

Copyright 2024. GBP. All Rights Reserved.

Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us