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News - Paramount Group

  • Naval Warfare

    What is happening with the Greek corvette competition?

    26th March 2024

    The Hellenic Navy has been in the process of replacing its nine remaining Elli-class (Kortaener/S-type) frigates with two new acquisition programmes for frigates and corvettes. The US offer of second-hand US Navy (USN) Littoral Combat Ships (LCS) as potential corvette replacement, however, has given the Greek government pause for thought.

  • Naval Warfare

    China’s third aircraft carrier commences sea trials

    3rd May 2024

    Fujian, China’s latest aircraft carrier, has embarked on its inaugural sea trials following delays to its construction but featuring technological advancements that have marked a leap in the maritime capabilities of the People’s Liberation Army Navy.

  • Digital Battlespace

    Orbital Overwatch: The Crucial Role of Lasers in Space-Based Intelligence

    8th May 2024

    Amidst escalating global tensions, cutting-edge laser technology and expansive space domain awareness are vital for military operations. Orbital intelligence is transforming the landscape of global security, demonstrating its critical role in contemporary warfare.

  • Naval Warfare

    US DIA awards $305 million South Korean intelligence contract to HII

    20th March 2024

    US shipbuilder will provide analysis to help US Forces Korea (USFK) to detect threats and better understand enemy capabilities.

  • Naval Warfare

    Royal Marines transformation programme shows early signs of progress

    9th April 2024

    The UK’s Royal Marines have taken significant strides in the first year of a decade-long transformation programme focusing on advanced communications, distributed operations and enhancing its capabilities.

  • Uncrewed Vehicles

    US Navy foresees an uncrewed future for its surface and underwater fleet

    25th April 2024

    The service has been conducting various procurement and development efforts to integrate unmanned surface and underwater vehicles into its inventory.

  • Air Warfare

    Israel bets big on India to enhance defence procurement

    4th April 2024

    Israel Aerospace Industries (IAI) has enhanced its defence collaboration with India, focusing on joint development and support for the Medium-Range Surface-to-Air Missile (MR-SAM) system, alongside the establishment of a dedicated local subsidiary for maintenance and upgrades.

  • Naval Warfare

    Norway to renew naval forces within a decade

    23rd May 2024

    The Royal Norwegian Navy (RNoN) will be almost completely overhauled and replaced with new ships and submarines in a timeframe of about 10 years.

  • Naval Warfare

    Australia’s new frigate options: No easy choices as pressure mounts on DoD

    16th April 2024

    A new class of General Purpose ‘Tier 2’ frigate will replace the Royal Australian Navy’s (RAN’s) Anzac-class frigates, but the selected design options appear to have major issues in terms of compatibility and availability for the future fleet.

  • Air Warfare

    US ponders weapons sales to Israel as UK faces calls to halt exports

    4th April 2024

    Amid calls for restraint in arms sales, the US has been reviewing an $18 billion deal with Israel, including F-15 fighters and air-to-air missiles. The UK has also been facing pressure to cease exports over potential violations of international law in the Gaza conflict.

  • Air Warfare

    First three F-16V fighter jets head to Bahrain

    7th March 2024

    Bahrain, long an operator of F-16s within the Gulf Cooperation Council, will become the first customer to adopt the newest and most advanced configuration of the renowned Lockheed Martin F-16 fighter.

  • Naval Warfare

    Italy’s Fincantieri and UAE’s Edge Group sign for naval joint venture

    21st February 2024

    Edge’s joint venture with Fincantieri will boost Abu Dhabi Ship Building’s growth potential and open the door to the region for its Italian partner.

  • Air Warfare

    US Marine Corps completes second XQ-58A Valkyrie flight test

    29th February 2024

    Originally designed by Kratos for the USAF, the XQ-58A will serve as a vital testbed for emerging technologies and capabilities of the US Marine Corps.

  • Land Warfare

    Japan beefs up ground force with new armoured vehicles

    22nd March 2024

    The Japan Ground Self-Defense Force’s (JGSDF) has been modernising its combat vehicle fleet to deter threats from nearby China, Russia and North Korea.

  • Air Warfare

    The Netherlands selects Airboxer UAV

    27th February 2024

    Manufactured by High Eye, the Airboxer, or HEF 32, is a rotary-wing VTOL UAS designed to conduct maritime ISR applications. Powered by a twin-cylinder petrol engine and following a classic single-rotor helicopter configuration it can carry a payload up to 5kg.

Programme Results - Defence Insight

  • MPVs - 4x4

    Kalyani M4 (India)

    Programme Background In the wake of border clashes with the Chinese People's Liberation Army (PLA) in 2020, the Indian Army has accelerated several of its ...

  • LTVs - 4x4

    High Mobility Armoured 4x4 Tactical Vehicles [Latvia]

    Programme Background Requirement The procurement of high-mobility 4x4 armoured vehicles is part of an initiative to replace a diverse fleet of utility vehicles currently in ...

  • Loitering munitions

    Switchblade (First order) [Greece]

    Background 10-Year purchasing plan In 2024, Athens drafted a multi-billion-dollar 10-year purchasing plan that included the acquisition of F-35 jets, three frigates from France under the Hellenic ...

  • Maritime patrol

    Sea Sultan [Pakistan]

    Programme Background On 10 January 2020, Pakistan issued a tender for a single unconfigured long-range twin-jet MPA. In October 2020, Adm Zafar Mahmood Abbasi, the PN’s soon-to-retire ...

  • Maritime patrol

    Sea Sultan [Pakistan]

    Programme Background Initial Tender On 10 January 2020, Pakistan issued a tender for a single unconfigured long-range twin-jet MPA. In October 2020, Adm Zafar Mahmood Abbasi, the ...

  • APCs/IFVs - 8x8

    Pacha Kuyuchix [Peru]

    Background The Peruvian Army is reliant upon a range of ageing 4x4 APCs, including the UR-416, Type 6614 and Type 6616, all of which are ...

  • MPVs - 4x4

    Jais 4x4 [Saudi Arabia]

    Background The Saudi Arabian government is aiming to localise 50% of its investment into defence by 2030 in line with the country's Vision 2030 economic ...

  • APCs/IFVs - 8x8

    Project Hoefyster (South Africa)

    Programme Background History The South African National Defence Force (SANDF) first formulated operational requirements for a new ICV in 1995, but modernisation of South Africa's ...

  • Submarines: conventional/attack

    Submarines Procurement (1-2) [Greece]

    Background Requirements As of 2025, the Hellenic Navy (HN) submarine force consists of four Type 214, four Type 209/1200 and two Type 209/1100. With the ...

  • Loitering munitions

    N-Raven / IRIX [Greece]

    Programme Background Unveiled during the Defence Exhibition Athens (DEFEA 2023) exhibition, IRIX is a Greek version of the N-Raven loitering munition developed by Paramount in ...

  • Destroyers

    Future Destroyers (13DDX) [Japan]

    Programme Background Requirements At CNE 2024, Vice Admiral Shinichi Imayoshi, Director General of Naval Systems at the Acquisition, Technology & Logistics Agency (ATLA), revealed that enhancing ...

  • Submarines: conventional/attack

    Submarines Procurement (3-4) [Greece]

    Background Requirements As of 2025, the Hellenic Navy (HN) submarine force consists of four Type 214, four Type 209/1200 and two Type 209/1100. With the ...

  • Destroyers

    Kongō Class Replacement/Future Aegis Destroyers [Japan]

    Programme Background Requirements At CNE 2024, Vice Admiral Shinichi Imayoshi, Director General of Naval Systems at the Acquisition, Technology & Logistics Agency (ATLA), revealed that ...

  • ISR/special mission

    Armed Overwatch/Targeting [USA]

    Background Requirement The Armed Overwatch programme was revealed in March 2020, during a US Special Operations Command (USSOCOM) industry briefing. In June 2021, the USSOCOM awarded a $19.3 ...

  • Submarines: conventional/attack

    Project Sea 1000 (Attack Class) - Cancelled [Australia]

    Programme Background The competition for Australia’s SEA 1000 Future Submarine project for 12 new SSKs was won by the French shipbuilder Naval Group in 2016 ...

Equipment Results - Defence Insight

  • MPVs - 4x4

    Mbombe 4

    The Mbombe 4 is the 4x4 variant of Paramount's Mbombe family of mine-protected vehicles.  Capable of carrying up to 11 personnel, the Mbombe 4 shares ...

  • MPVs - 4x4

    Marauder Mk 2

    Paramount Group unveiled the Marauder Mark 2 armoured vehicle in August 2022. The new platform can be configured as an APC or an infantry combat vehicle, and it ...

  • Loitering munitions

    N-Raven

    The N-Raven is a loitering munition manufactured by Paramount Group's Paramount Aerospace Systems (PAS). Debuted at IDEX 2021, the platform has since been redesigned.  It has been ...

  • MPVs - 4x4

    Matador 4x4 APC

    The Matador 4x4 vehicle can be configured as an APC or a light infantry combat vehicle, with the addition of weaponry. It is designed to ...

  • APCs/IFVs - 6x6

    Mbombe 6

    The Mbombe 6 is the 6x6 version of the Mbombe family of armoured vehicles developed by South Africa's Paramount Group. In order to drive down ...

  • MPVs - 4x4

    Marauder

    The Marauder 4x4 can be configured as a simple troop carrier or as a wheeled combat vehicle by the addition of a heavy machine gun ...

  • MPVs - 4x4

    Al-Masmak/Nyoka Mk 2

    The Al-Masmak ('Fortress' in Arabic) 4x4 mine-protected APC was developed by Saudi Groups in cooperation with IADSA (since acquired by Paramount Group). Saudi Groups unveiled ...

  • Fast attack/patrol craft and interceptors

    8.5m Guardian

    Made by Paramount Group, the 8.5m Guardian is the smallest in its class. It is designed to be launched from a larger vessel and is ...

  • MPVs - 4x4

    Maatla 4x4

    Paramount's Maatla 4x4 is a Light Protected Vehicle (LPV) aimed at the African off-road armoured vehicle market. Announced at the African Aerospace and Defence Expo (AAD 2022) in ...

  • MPVs - 4x4

    Alan-2

    Developed by Kazakhstan Paramount Engineering, the Alan-2 is an armoured 4x4 tactical vehicle. It was demonstrated for the first time during the ADEX 2022 exhibition ...

  • ISR/special mission, Maritime patrol

    Embraer Lineage 1000 (Sea Sultan)

    The Sea Sultan is the Maritime Patrol version of the Embraer Lineage 1000. The aircraft conducted a wide range of missions, such as ASuW, ASW, ISR, ...

  • APCs/IFVs - 8x8

    Mbombe 8

    Paramount unveiled the 8x8 member of its Mbombe family, the Mbombe 8, at the Kazakhstan Defence Expo on 2 June 2016.  Sharing more than 80% ...

  • Military UAS - tactical

    Vulture

    The Paramount Advanced Technologies Vulture is a fixed-wing TUAV designed for such missions as day/night reconnaissance and surveillance and target acquisition in support of brigade-level ...

  • MPVs - 4x4

    MAC OWL

    The MAC OWL is a Mine-Resistant Ambush Protected (MRAP) vehicle designed by Paramount Greece and Ukraine's MAC HUB. It draws upon Ukrainian experiences in the ongoing Russo-Ukraine ...

  • Military UAS - small, Military UAS - tactical

    Nomad (Group 3)

    In March 2025, Sikorsky unveiled an unnamed tail-sitter small UAV referred to as the Rotor Blown Wing. In October 2025, Sikorsky unveiled the Nomad family, which includes the ...