Paramount Group wins International Bid to supply Rio de Janeiro's Elite Police Units - PHOTO

 Paramount Group wins International Bid to supply Rio de JaneiroPHOTO '>
# 10 April 2013 15:58 (UTC +04:00)

This decision was achieved after a lengthy and vigorous schedule of technical evaluations, practical field testing and a competitive and transparent procurement process that was open to both domestic and international manufacturers of such vehicles.

Commenting on the decision, Ivor Ichikowitz, the Executive Chairman of Paramount Group, said:

"Brazil is one of the largest and most dynamic economies in the world, and in order to achieve its potential the Government has realised that it has to equip its security forces with the most advanced equipment in order to protect significant investment in its infrastructure and citizens. Paramount is very proud to have been selected to support the Government in this important role and is looking forward to being part of the growth of this dynamic country.”

The selection of the Maverick by Rio’s elite BOPE, CHOQUE and CORE battalions is a definitive endorsement of the capabilities of the vehicle platform that set it apart from other ISV systems.

South Africa has a proud heritage in the defence and security industry and Paramount Group is continually investing in research and development thereby ensuring its products are at the leading edge of technology.

Over the next few years Rio de Janeiro will become the focus of the world as it hosts the World Cup and Olympics. The equipment to be supplied by Paramount will play a critical role in the security infrastructure for both these events.

This award is a very important step in consolidating Paramount’s focus on the Latin America market and will lead to a growth in business for both Paramount and South Africa in this region.

Ichikowitz continued: “Brazil is an inspiration to the world and more specifically to other BRICS nations, and Paramount is very excited to be a part of the remarkable vision of the Brazilian leadership and pleased to be giving economic substance to the very positive political relationships that have been developed between Brazil and South Africa both through BRICS and bilaterally.”