Aerosud is a group of companies with Aerosud Holdings as the parent company. The group is a South African aeronautical engineering and manufacturing company. Aerosud Aerospace was renamed Paramount Aerospace following its acquisition by Paramount Group and Aerosud Innovation and Training Centre (ITC) was incorporated in the AHRLAC Holdings Ahrlac of companies during a 2014 restructuring.

The AHRLAC is a South African light reconnaissance and counter-insurgency aircraft developed by AHRLAC Holdings, a joint venture between the Paramount Group and Aerosud. It is designed to perform as an inexpensive, more versatile substitute for unmanned aerial vehicles (UAVs) and modern light attack aircraft.