ST Kinetics has entered into a strategic partnership with South Africa-based Paramount Group, to promote a range of high mobility armoured wheeled vehicles for military and homeland security applications.
As part of the agreement, both the companies will use their individual expertise to jointly develop, market and support a family of protected wheeled vehicles.
ST Kinetics president SEW Chee Jhuen that said both companies hold a proven track record in the design and development of land systems vehicles.
"This partnership allows us to bring together the reputable products of Paramount Group with our capabilities in systems integration and manufacturing to offer cost effective protected mobility solutions to our customers," Jhuen said.
Paramount Group executive chairman Ivor Ichikowitz said that the collaboration with ST Kinetics would provide the company with a useful opening into the Asia-Pacific region.
"Our in-region partnership means that we can be very quick to market and very quick to respond to customers’ changing needs," he said.
"We are both ambitious, innovative businesses, which understand our customers’ needs and the changing demands of modern defence and peace-keeping."
The vehicles include to be marketed under the agreement ST Kinetics’s manoeuvrable and network-enabled Terrex 8×8 armoured personnel carrier (APC) and Paramount’s mine-protected Mbombe 6×6 armoured fighting vehicle, Maverick 4×4 internal security vehicle, Marauder 4×4 wheeled troop carrier, as well as the Matador 4×4 multi-role mine protected vehicle.
Image: ST Engineering‘s Terrex 8×8 armoured personnel carrier at the 2010 National Day Parade. Photo: courtesy of Limkopi.