in Defence

Paramount signs helicopter engineering deal with Ukraine

Posted 24 February 2015 · Add Comment

Paramount Group has signed an MoU with Motor Sich JSC of the Ukraine to collaborate in the production and modernisation of helicopters and aviation engineering components.

The signing, which was witnessed by Ukrainian President Petro Poroshenko, commits the  two companies to exploring the opportunity of transferring technologies that exist in both companies, relating to rotary platforms. The signing took place during IDEX 2015 in Abu Dhabi.

Paramount Group's Advanced Technologies business unit are the producers of the Super Hind advanced helicopter, based on the MI24 platform. Motor Sich JSC are a large Ukrainian Helicopter maintenance and repair organisation who manufacture engines and other major helicopter components.

Ivor Ichikowitz, Executive Chairman of Paramount Group, “We have had a long-standing working relationship over many years with Motor Sich and this agreement takes our collaboration to the next level. We have known for some time that there are areas of unique synergies between our companies, so today’s signing marks a commitment to enhancing our level of collaboration.”

Paramount Group recently announced a ramping up of the production of its Mi24 and Mi17 composite rotor blades. These are key components of the company's Super Hind program.

 

Paramount's Super Hind - Picture (c) Defenceweb.co.za

* required field

Post a comment

Other Stories
Advertisement
Latest News

Exhilarating aerial race heads to Africa

The world’s only long distance paramotor race, the Icarus Trophy, will visit Africa for the first time.

Bombardier reports fourth quarter and full year 2017 results

Bombardier has released its fourth quarter and full year 2017 results, highlighting solid financial and operational performance across the company.

Bruno Even appointed CEO of Airbus Helicopters

Airbus SE has appointed Bruno Even, 49, Chief Executive Officer (CEO) of Airbus Helicopters, effective 1 April 2018. He will report to Airbus CEO Tom Enders and join the company’s Executive Committee.

Lockheed Martin delivers 400th C-130J Super Hercules Aircraft

Lockheed Martin reached a major milestone with the delivery of its 400th C-130J Super Hercules aircraft on Feb. 9. This Super Hercules is an MC-130J Commando II Special Operations aircraft that is assigned to the U.S. Air Force’s Special

Flydubai adds Kinshasa to its African network

Flydubai has announced the start of flights to Kinshasa, the capital of the Democratic Republic of the Congo (DRC) from 15 April.

Air Peace takes delivery of its second Embraer 145

Air Peace has taken delivery of its second Embraer 145 jet in a bid to end the travel difficulties of the nations’s unserved and underserved cities, reports The Afritraveller.

Aviation Africa SK18418
See us at
Global Aerospace BT010518Aviation Africa BT18418