Expectations of rapid growth in defence spending in countries in the Middle East offer platforms for Denel's participation in the region's top defence exhibition next month.
Zwelakhe Ntshepe, acting chief executive of Denel, says the company will have a strong presence at IDEX 2017, hosted in Abu Dhabi from 19 to 23 February. "This is a region that is very familiar with the quality of Denel's products, especially in the fields of artillery, armoured vehicles and munition, and we want to build on this reputation by exhibiting our capabilities."
A report released by international consultancy company Deloitte earlier this month projected a growth of more than 3% in global defence spending in 2017, after years of declining budgets. This growth will be particularly strong in the Middle East and North Africa, where a number of countries are starting to acquire next-generation military equipment.[Full Story.]
Last updated: 1 February 2017