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Denel Dynamics loss widens

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Missile and unmanned aerial vehicle (UAV) solutions house Denel Dynamics nearly doubled its losses in the 2018/19 financial year to more than R400 million...

Denel reports R1.9 billion loss

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State-owned defence conglomerate Denel reported an operating loss of R1.9 billion and net loss of R1.75 billion for the year to March 31, with...

A-Darter type certification marks development completion

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A type certificate has been issued for the Denel Dynamics A-Darter fifth generation air-to-air missile, with qualification and certification concluding development of the weapon,...

DA requests report on failed Denel contract with Chad

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The Democratic Alliance (DA) will apply for access to the preliminary investigation report into a Denel contract to supply armoured vehicles to Chad to...

Denel fails to deliver on R230 million deal with Chad

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Denel has failed to deliver 40 Casspirs to the government of Chad after being handed a R100 million deposit two years ago for the...

Is Denel too strategic to fail?

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Denel, once a promising conglomerate perceived as a potential major in the aerospace and defence (A&D) sector, is currently facing deep troubles. Although the group...

Milestone for Denel’s Malaysia contract

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Denel is delivering the hundredth modular armoured vehicle turret to the Malaysian armed forces in terms of a multi-billion rand export contract. “This is...

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...

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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...