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PRESS RELEASE
Issued by:

Paradigm Parachute And Defense Inc. announces acquisition of ASR-Pioneer Aerospace Corp., Airlift Technologies International, and Strong Enterprises
Friday, 15 December 2023

Paradigm Parachute and Defense Inc., a leader in advanced aerospace and defense solutions, is excited to announce the successful acquisition of all assets of Pioneer Aerospace Corp. (MS Unit), Airlift Technologies International, and Strong Enterprises, both previously d/b/a ASR-Pioneer, two prominent companies in the field of aeronautical component engineering and manufacturing, and parachute technology.

This strategic acquisition positions Paradigm Parachute and Defense Inc. at the forefront of innovation in the defense and aerospace parachute industry. Airlift Technologies International, known as the only full OEM globally for the Type V Airdrop Platform System; and Strong Enterprises, a cornerstone of the parachute and safety equipment industry, will bring a wealth of expertise and technology to the fast-growing Paradigm family. Paradigm Parachute intends to immediately use these newly acquired assets to enhance existing production capabilities and it’s all-encompassing support for Parachute Applications across the military & defense, commercial, and space industries.

Key Highlights Of The Acquisition:

Enhanced Product Range: The combined expertise of the three companies will result in an expanded portfolio of products, including, but not limited to state-of-the-art personnel and cargo parachute systems and defense technologies.

Innovation and R&D: The acquisition will drive innovation through shared research and development efforts supporting both, legacy and next generation, parachute system development leading to advanced solutions in aerospace safety and defense applications.

Global Reach: The synergy between these companies will strengthen their global presence, offering enhanced services and products to an expanded international network of defense and aerospace customers. Paradigm is now capable of providing broad, comprehensive, solutions to customers for its own manufactured products, and those of Paradigm’s key industry partners, which is unprecedented in an industry filled with such extensive history and accomplishments of predecessors.

Paradigm is greatful to our customers, partners, suppliers, & local community for giving us the opportunity to provide you with Equipment & Serivces, and for your continued loyalty and friendship. We are confident that this new endeavor will serve us all well as we forge the future of critical components of the Aerospace & Defense Industries.

Contact details from our directory:
Paradigm Parachute & Defense Inc. Whole Aircraft Parachutes
ASR-Pioneer (was Aviation Safety Resources) Warning Systems/Equipment, Whole Aircraft Parachutes
ASR-Pioneer (was Pioneer Aerospace Corporation) Personnel Parachutes, Evacuation Systems
Related directory sectors:
Safety & Security Systems