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Armoured combat vehicles lead defence exports

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Armoured combat vehicles lead defence exports “Made in South Africa” armoured combat vehicles continue to lead the way as the local defence industry puts most...

Denel appoints CFO

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The appointment, this week, of “a seasoned chartered accountant” as chief financial officer (CFO) of Denel will strengthen the defence and technology conglomerate’s management...

Denel at DSEI

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Denel is using this week’s Defence Security and Equipment International (DSEI exhibition in London to put at least three of its products front and...

Denel to exit some businesses within months

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Denel aims to begin disposing of equity stakes and exiting loss-making businesses within months as part of its turnaround strategy, including LMT and PMP. Denel...

Large South African presence at DSEI

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South Africa’s aerospace and defence industry will be well represented at the DSEI exhibition in the United Kingdom this week. With 34 companies set...

Hensoldt readying for sale or stock market

Private equity firm KKR is preparing for a stock market flotation or sale of German defence supplier Hensoldt in a potential two billion euro...

SAAMDEC aiming for positive growth of SA defence exports

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The South African Aerospace Maritime and Defence Export Council (SAAMDEC) has released its business plan for the financial year 2019/20, which predicts positive growth...

Hensoldt consolidates South African presence

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Hensoldt has consolidated its two South African subsidiaries, GEW Technologies and Hensoldt Optronics South Africa under the new Hensoldt South Africa brand as it...

Upbeat Denel chief executive reports to Parliament

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Parliament’s Public Enterprises Portfolio Committee has heard Denel is “actively pursuing a winnable order pipeline of R30 billion”. This, Denel chief executive Danie du...

Opposing Denel bailout a ‘terrible idea’

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Denel this week received a R1.8 billion recapitalisation injection, which has drawn criticism in some quarters, but defence expert Darren Olivier believes that opposing...

COMPANY NEWS

Check before you speak, Minister!

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South African Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula needs to verify her facts before she speaks, or risk further embarrassment to the South...