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KADDB and Paramount of South Africa Sign a Deal to Form Arabian Defense Industries (ADI)
07-05-2014 07:34 PM
Ammon News - AMMONNEWS - AMMON learned that an agreement was signed between King Abdullah II Design and Development Bureau (KADDB) and Paramount Group, South Africa’s largest privately owned defense industry conglomerate, to form Arabian Defense Industries. It is speculated that Paramount will mount KADDB machine guns on its armored vehicles as part of the agreement. Paramount is exhibiting at SOFEX 2014 its vehicles, including the Mbombe and Matador. Ammon contacted KADDB head of communication, but received no confirmation. |
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