Paramount Aerospace Industries acquires AHRLAC manufacturer ADC

Paramount Aerospace Industries has acquired the businesses and assets of Aerospace Development Corporation (ADC), the manufacturer of the AHRLAC aircraft, as part of a business rescue plan. The factory at Wonderboom Airport is operational and manufacturing is being ramped up.

“This is great news for the future of the aircraft, for Paramount, for the South African Aerospace industry.”defenceweb.co.za

• 1 source
• defenceweb.co.zaFuture of AHRLAC secured as Business Rescue nears completion :: Paramount Company Zone on defenceWebNov 17, 2020

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