Denel targeting R44-billion order book

State-owned defence industrial group Denel said on Tuesday that its order pipeline continued to grow and that it was pursuing prospects worth R44-billion. Denel business development and corporate affairs head Zwelakhe Ntshepe said in a statement...

Denel weighs aerostructures sale, while developing new plan for business

State-owned defence industrial group Denel is continuing discussions with local private sector aerospace company Aerosud about the future of troubled Denel subsidiary Denel Saab Aerostructures (DSA). “We received a conditional proposal from them...

Denel still talking to Aerosud about selling its aerostructures business

State-owned defence industrial group Denel is continuing discussions with local private sector aerospace company Aerosud about the future of troubled Denel subsidiary Denel Saab Aerostructures (DSA). “We received a conditional proposal from...

Denel Group to seek for new boss for when Sadik steps down in 2011

State-owned defence industrial group Denel announced on Tuesday that its Group CEO, Talib Sadik, would leave the company at the end of his current contract, in eleven months’ time. Sadik was appointed an executive director of Denel five years...

Restructuring of aerospace company does not indicate a change of course

State-owned defence industrial group Denel has not changed its policy regarding its subsidiary aerospace company, Denel Saab Aerostructures (DSA), despite the recent announcement that the aerostructures manufacturer is to be significantly...