Paramount Aerospace Industries Proprietary Limited ("Paramount Aerospace Industries"), part of the Paramount Aerospace and Technology Group from South Africa, announced on August 18, 2020, that the Business Rescue Plans of the Aerospace Development Corporation Proprietary Limited (ADC), the manufacturer of the AHRLAC aircraft and its subsidiaries* are in the final phase of implementation. Read full Defense Aviation News at this link ...
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| The AHRLAC (Advanced High Performance Reconnaissance Light Aircraft) is a South African light reconnaissance and counter-insurgency aircraft developed by AHRLAC Holdings, a joint venture between the Paramount Group and Aerosud. (Picture source Paramount Aerospace Industries) |
