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Airbus Helicopters and Denel Aviation announced on 15 September that they are entering a cooperative arrangement to enhance and modernise South Africa's Rooivalk attack helicopter. ... The programme ...
Denel is technically insolvent with debt of around R3.5 billion and cumulative losses of nearly R5 billion over the last few years. Meltdown at Denel – MyBroadband Subscribe ...
Denel military aircraft general manager Johann Holdt told reporters in Kempton Park that Denel had been contracted by BAE Systems to build 46 tailpieces for Hawk T-MK1 trainer fighter planes over the ...
South Africa’s Denel has signed a long-term agreement with the UN to provide the Casspir mine-resistant armoured vehicles. Ashley Williams, general manager of subsidiary Denel Mechem told Shephard ...
Denel’s latest annual report revealed that it was in deep financial trouble, with debt of R3.4 billion and losses of R1.9 billion in the 2019/2020 financial year.
Denel suffered a double whammy earlier this year when local banks turned it down for funding after it had secured a R6 billion missiles contract in Egypt, which would have seen it meet some of its ...
Denel Dynamics is formally denying it has supplied tactical surveillance unmanned aerial vehicles or target drones to Iran. That country recently launched a turbojet-powered drone, called the “Karrar.
The prototype of Denel Dynamics’ latest Unmanned Air Vehicle (UAV), the Seeker 400, has been completed and is due to make its maiden flight in the first quarter of 2012, the company announced. UAVs ...
Denel has told its staff it would be unable once again to pay their salaries, this time for June, as its liquidity position remained dire on competing priorities and declining sales.
Embraer and Denel have agreed on a memorandum of understanding (MoU) to explore potential collaboration on the KC-390 Millennium aircraft, focusing on aerostructures and maintenance. It was signed ...
South African state-owned arms manufacturer Denel SOC Ltd. has received a loan to pay its staff their full salaries this month, according to Public Enterprises Minister Pravin Gordhan, giving the ...
Suffering Denel employees’ in for more hell, with no pay in May By Ina Opperman CEO advises staff won't be getting salaries at the end of the month while many have already lost their homes and cars.