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Armscor CEO leaves during notice period

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Armscor chief executive Kevin Wakeford was apparently working out a six month resignation period that was cut short last Friday (February 15) when the...

Armscor highs and lows in 2018

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Looking back on the year just about to end Armscor chief executive Kevin Wakeford points to three particular challenges the state-owned defence and security...

National security key to economic prosperity – Armscor

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Effective national security is key to economic prosperity, according to Armscor CEO Kevin Wakeford, who believes that unless sovereign security is improved,...

Alternative funding, models needed for SA defence industry – Armscor

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The South African defence industry needs to find different funding methods and new models. This includes pursuing lucrative United Nations procurement in...

Defence Industry Fund set to bring fundamental change, drive transformation within...

The launch of the Defence Industry Fund was held on 5 July at the CSIR ICC, in Pretoria.The launch of the Defence Industry Fund...

Defence Industry Fund set to bring fundamental change, drive transformation within...

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The launch of the Defence Industry Fund (DIF), held on 5 July 2018 at the CSIR ICC in Pretoria, provided credence to the defence...

SA Defence Industry Fund officially launched

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The long-awaited Defence Industry Fund (DIF) was launched on Thursday 5 July 2018. The fruit of the 2015 Defence Review and consultations...

Defence Industry Fund set to fast-track transformation in defence industry

Armscor and AMD will be catalysts to help establish the fund, which will be owned and operated by a Financial Sector Conduct Authority-compliant company.Parliament...

Defence Industry Fund set to fast-track transformation in defence industry

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Parliament approved the Defence Review in June 2015. The Defence Review, as a national policy on defence, provides a long-term strategic view on the...

SA defence industry performance declined in 2016/17 – Armscor CEO

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The 2016/17 financial year was, according to Armscor chief executive Kevin Wakeford, one in which there was "a significant and concerning decline"...

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Presidential pep talk on Armed Forces Day

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President Cyril Ramaphosa had his Commander-in-Chief cap on when he addressed the country’s airmen, military medics, sailors and soldiers in Polokwane last Friday. Sadly, he...