Wednesday, January 17, 2018
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Industry

Here you will find an example set of FAQs.

Loan guarantees make sure Denel can pay staff, suppliers

Denel is confident it will be able to pay suppliers in January.Denel received an emergency government loan guarantee of R580 million in December to pay its 4 000 employees and suppliers and is confident it will pay be able to pay salaries and suppliers in January.

 

Denel Vehicle Systems profit up slightly

An RG32M vehicle.Denel Vehicle Systems (DVS) made a slightly better profit, of R110 million, for the 2016/17 financial year compared to the year before that, and signed a number of important contracts, including for armoured vehicles and turrets.

 

Denel Overberg Test Range secures long-term SA contract

A tank target at the Denel Overberg Test Range.The Denel Overberg Test Range (OTR) has secured a five-year contract from the South African Department of Defence and Military Veterans to deliver flight tests services, Denel has revealed.

   

Earnings down for LMT

The LM14 armoured personnel carrier.Denel Division Land Mobility Technologies (LMT) has seen profits drop dramatically, with the company going from a profit-making concern in 2015/16 to a loss-making one the following year.

 

Pelican presents its New ATEX and US safety certified lighting innovations at Intersec


A selection of over 60 lights with European ATEX Certification and USA Safety approvals will be showcased at Intersec Show (Hall 3, Stand 3-D30).

   

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