Aerospace Development Corporation

Activity by year

2020202120222023202420252026

Acquisition

Nov 17, 2020ACQUISITIONWonderboom Airport, Johannesburg, South Africa85 jobs
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.
Paramount Aerospace Industries acquirer Aerospace Development Corporation target #Aerospace Components defenceweb.co.za
Aug 18, 2020ACQUISITIONWonderboom Airport, Pretoria, South Africa
Paramount Aerospace Industries acquires ADC and its subsidiaries
Paramount Aerospace Industries (PAI) acquired the Aerospace Development Corporation (ADC) and its subsidiaries through the business rescue process. PAI has ramped up manufacturing of the AHRLAC aircraft at the Wonderboom Airport factory.
Paramount Aerospace Industries acquirer Aerospace Development Corporation target #Aerospace Components paramountgroup.com engineeringnews.co.za metalworkingnews.info

Acquired by

Loading…