Paramount Group, the largest privately owned defence and aerospace firm, has won an international bid of supplying security vehicles to Brazil, the company announced last week.

 According to South Africa Tabloid, SA info reporter, the company will supply its Maverick security vehicles, which have been designed to be used by security forces.

CEOAFRICA Business News correspondent gathered from the SA info reporter that Maverick vehicle will be used by Brazil's special police operations battalion and its shock police battalion, which is part of the country's military police and special resources battalion.

Discussing with the SA info correspondent, Paramount Security Chairperson, Ivor Ichikowitz said that "Sharing defence and security equipment represents a new level of international trade cooperation, and this announcement not only demonstrates strengthened alliances between Africa and Brazil but the unity of the BRICS alliance,"

This deal would assist Brazil in dealing with potential security challenges it could confront during the hosting of the forth-coming global sports events, the 2014 FIFA World Cup and 2016 Olympic Games, CEOAFRICA Business News correspondent explained.

"The equipment to be supplied by Paramount Group will play a critical role in the security infrastructure for both these events," Ichikowitz said, as reported by SA info Tabloid. 

The awarding of the contract, Ichikowitz said, came after intensive technical evaluations, field testing and a procurement process open to local and international companies.

CEOAFRICA Business News, according to SA info, further quoted Ichikowitz that "South Africa has a proud heritage in the defence and security sector and Paramount Group is continually investing in research and development thus ensuring its products are at the leading edge of technology,"