Paramount Group has produced and sold the first military aircraft made in South Africa since the 1980s when Denel unveiled the Rooivalk.
has produced and sold the first military aircraft made in South Africa since the 1980s when state-owned arms maker Denel unveiled the Rooivalk attack helicopter.
South Africa built up an arms and aerospace industry during the apartheid era when it was subject to international sanctions and sought to bolster its defences against both perceived foreign threats and an internal insurrection. That led to the development of everything from the Rooivalk to tanks and assault rifles.
“We’re targeting any country in the world that has to deal with an asymmetrical threat,” Ichikowitz said in a reference to countries combating terrorists or rebels. “We’re targeting any country in the world that is fighting against an enemy with a $30 000 Land Rover. And they’re using a $150 000 stinger missile” to eliminate that.Sales of the aircraft are primarily aimed at emerging market nations that would prioritise affordability.
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