R/€ = 14.18
R/$ = 10.53
Au 1293.59 $/oz
Pt 1468.50 $/oz
Jul 11, 2014
European aircraft manufacturer Airbus, part of the aerospace and defence Airbus Group, wants to help South African company Denel Aerostructures (DAe) to expand into the commercial aircraft aerostructures sector. DAe is part of the State-owned Denel defence industrial...
Jul 02, 2014
Local aerospace company Denel Aerostructures (DAe), part of the State-owned Denel Group, has won a fourth contract to manufacture parts for the Airbus A400M military air transport and air-to-air refuelling aircraft. The new contract, which was won in an international...
Jul 02, 2014
Denel Aerostructures has been awarded a fourth multi-million rand contract to manufacture and produce key parts on the Airbus 400M the world’s most advanced military airlifter. The company will, in future, manufacture “ISO locks” – a combination of aluminium...
Nov 15, 2013
South Africa’s State-owned defence industrial group Denel is modernising most of its product offerings to increase its competitiveness in the international defence markets. “By 2018, Denel will have moved from its current position as a ‘good company’ to be a...
Nov 15, 2013
European airliner manufacturer Airbus expects to double its current sourcing volume from South Africa by 2020. This was recently revealed in Toulose, France, by Airbus international cooperation analyst Tina Rose. Currently, Airbus sources components and parts from...
Nov 05, 2013
State-owned defence company Denel on Tuesday said it intends to grow its yearly revenue to more than R7-billion in the next five years and create a long-term order book of more than five times its turnover.
Oct 30, 2013
European airliner manufacturer Airbus expects to double its current sourcing volume from South Africa by 2020. This was revealed on Wednesday by Airbus international cooperation analyst Tina Rose in Toulouse, France. Currently, Airbus sources components and parts...
Sep 30, 2013
The first Airbus A400M military transport plane, to which South African firms Denel Aerostructures and Aerosud contribute components, was officially handed over to the French air force on Monday. The A400M is an all-new military airlifter designed to meet the needs...
Jun 19, 2013
Sep 17, 2012
Jul 19, 2012
Although South African State-owned defence industrial group Denel made a profit of R41-million in the financial year ending March 2012, the government is thinking of providing the business with further support. In the 2012 Budget, the State allocated R700-million to...
Jun 08, 2012
State-owned aeronautics company Denel Aerostructures says it has put a number of measures in place to ensure that it consistently produces quality components for its clients, which include major aircraft manufacturers Airbus, Boeing, AgustaWestland and Gulfstream.
Jun 08, 2012
Loss-making State-owned aeronautical company Denel Aerostructures’ (DAe’s) schedule to achieve break-even has slipped by two years, in comparison to the forecast a year ago. DAe is part of the Denel defence industrial group.
May 28, 2012
Loss-making State-owned aeronautical company Denel Aerostructures’ (DAe’s) schedule to achieve break-even has slipped by two years, in comparison the the forecast a year ago. DAe is part of the Denel defence industrial group. In a written reply to a...
May 22, 2012
South African State-owned aeronautics company Denel Aerostructures (DAe) is assured of work on the Airbus Military A400M military transport aircraft programme for at least the next three years. "We can confirm that we want to have Denel as a supplier to the A400M,"...
May 21, 2012
Africa is one of the emerging regions now being targeted by Airbus Military for sales of its aircraft, especially those in the light/medium category. "Our objective," said Airbus Military senior VP: commercial Antonio Rodriguez Barberan in Madrid on Monday, "is to...