Tag: Denel
Denel still seeing interest in Rooivalk
Denel Aeronautics is still receiving international interest in its Rooivalk attack helicopter, with consistent enquiries for a number of years.
Since around 2015, Denel has...
Court attempt to seize Denel assets postponed
Trade union Solidarity’s attempt to seize Denel assets via the Labour Court as a result of the State-owned defence and technology conglomerate not meeting...
Employee unhappiness at Denel escalates to a protest march
The dissatisfaction level personnel experience with management of financially troubled Denel will today (Wednesday) literally spill into the streets when a protest march takes...
G5 howitzers seen in Libya
It appears the Libyan National Army (LNA) is now operating South African-made G5 155 mm howitzers, mostly likely delivered by the United Arab Emirates...
Denel Aeronautics refocuses
Since the implementation of Denel’s turnaround strategy and the exit of the aerostructures business, Denel Aeronautics has become a leaner and more focussed company,...
Presentation: Denel on funding and governance challenges
On 21 October 2020, Denel delivered a presentation to the Portfolio Committee on Public Enterprises on its funding and governance challenges.
Click here to view...
Possible investor for PMP as DoD mulls small arms production
Denel PMP may be getting an investor as the struggling firm takes steps to stay afloat, according to Secretary for Defence Sonto Kudjoe.
Kudjoe was...
Denel’s Hoefyster contract a disaster – Judge Raymond Zondo
When told of ongoing delays in the manufacture and delivery of new infantry combat vehicles for the SA Army, Deputy Chief Justice Raymond Zondo...
Hoefyster the biggest threat to Denel – Hlahla
The Hoefyster project for new Badger infantry combat vehicles for the South African Army is the biggest threat to Denel’s financial stability, board chairperson...
Government eases Denel’s bailout terms
The government has eased the terms of a R576 million bailout given to state defence company Denel for the financial year that ends in...
COMPANY NEWS
Armscor in-house expertise can generate revenue
Sweating Armscor assets, mainly property, was at one stage trumpeted as the way to eventually ensuring financial independence for the State-owned defence and security...
