vor Ichikowitz has spent three decades building Paramount Group into a privately owned defence manufacturer with customers across multiple continents. Now, with Ukraines war accelerating demand for protected mobility, the South African entrepreneur is steering his company toward one of the worlds most urgent procurement markets.
Paramount is moving to establish a stronger presence in Ukraines armoured vehicle space, pitching a locally adapted vehicle it says reflects hard lessons from the front lines. The effort is being driven through Paramount Greece, a European subsidiary that gives the company a firmer foothold inside the regions defence ecosystem and closer proximity to NATO linked supply networks.
The product at the centre of the push is a variant of Paramounts Mbombe family of mine protected platforms. In Ukraine, it is being presented as the OWL, a configuration described as upgraded for threats that dominate the current battlefield, including artillery fragments, landmines and small arms fire.
