Tags State-owned

Tag: state-owned

SA

Denel ‘moving beyond weaponry’

South African state-owned aerospace and defence technology company Denel is looking to diversify its offerings, moving beyond weaponry and opening exports to new markets, in order to reduce its dependency on government funding, the company said on Tuesday.
Denel guns for R44bn in contracts

Denel guns for R44bn in contracts

South African state-owned arms manufacturer Denel looks to be back on the profitability track, with confirmed contracts in its order book already exceeding R21-billion, and prospects to the value of R44-billion currently being pursued.

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