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Defense News - Azerbaijan
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| Wednesday,
June 29, 2011, 02:25 PM |
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| New
locally produced armoured vehicles Marauder - Matador lead
Azerbaijan independence parade. |
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New
armoured vehicles Marauder and Matador jointly produced
by the Azeri Ministry of Defence Industries and Paramount
Group, Africa's largest privately owned defence company,
have taken pride of place in Azerbaijan's 20th anniversary
independence parade, on Sunday 26th June in Azadlig Square,
Baku, the capital of Azerbaijan.
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Marauder
wheeled armoured vehicle personnel carrier Azerbaijan Army
at 20th anniversary independence parade, on Sunday 26th
June in Azadlig Square, Baku, the capital of Azerbaijan.
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For the first
time Paramount Group's highly advanced mine protected
vehicles Marauder and Matador were featured in the parade,
a major national spectacle attracting huge crowds. The
vehicles are manufactured in Azerbaijan under a joint
production agreement signed between Paramount Group and
the Azerbaijan Ministry of Defence Industries (MDI) in
2006.
The joint agreement was recently extended and Paramount
Group will now jointly manufacture an additional 60 mine
protected vehicles, with deliveries running through to
late 2012.
Ivor
Ichikowitz, Executive Chairman of Paramount Group, said:
"It is great to see our jointly produced vehicles
take prime position in this very important national day
of celebration. We have developed a very close and successful
working relationship with the Azerbaijan Ministry of Defence
Industries - a relationship further strengthened with
the agreement to jointly manufacture another 60 Matador
and Marauder vehicles.
"This proves that our original project to produce
30 vehicles in Azerbaijan has been an outstanding success
for all involved and is a testament to the foresight of
President Ilham Aliyev in seeking to establish a production
base for the future success of the country.
"Paramount Group is a firm believer in forming robust
bilateral relationships with countries that want to develop
a strong local defence industry. This creates economic
prosperity for the local population through greater employment
and the sharing of hi-tech engineering skills but also
contributes to regional security."
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Matador
wheeled armoured vehicle personnel carrier Azerbaijan Army
at 20th anniversary independence parade, on Sunday 26th
June in Azadlig Square, Baku, the capital of Azerbaijan.
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The
Honourable Minister of Defence Industry of Azerbaijan, Mr
Yaver Jamalov, added: "Both Matador and Marauder are
highly flexible and advanced IED-protected vehicles that
ideally meet the requirements of our armed forces. We chose
Paramount Group's vehicles because they are the most technologically
advanced on the market and are flexible enough to deal with
a variety of situations.
"Since 2009 we have had a robust partnership with Paramount
Group based around our firm belief in the creation of a
strong local defence industry and we look forward to continuing
to benefit from this partnership by further developing Azerbaijan's
engineering skills and vehicle production capacity. Partnerships
like this show the world that the future of Europe's defence
industry is no longer in the hands of a few West European
manufacturers."
Paramount Group is keen to form mutually beneficial partnerships
with governments as part of its growth strategy. In 2010
it agreed a joint venture with Ashok Leyland, a leading
manufacturer of commercial vehicles in India, and earlier
this year a further joint venture was signed with the United
Arab Emirates' International Golden Group for the production
of vehicles in-country. |
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