Spanish Shipbuilder Navantia and South African firm Paramount Group, have signed a Memorandum of Understanding (MoU) to jointly develop naval systems and vessels that will meet the increasing demand of South Africa and other African nations.

This MoU expands cooperation from the previous agreement between the two companies that was specifically signed for project BIRO of the South African Navy (SAN).

The scope of the collaboration will be defined based on customer requirements in the maritime industry across five key areas namely through life support management, combat systems and platform systems integration, procurement management of materials and equipment, operational maintenance training and the transfer of technology.

paramount b(Navantia).

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