Denel recorded a 15.8% increase in revenue, from R1.272 billion to approximately R1.473 billion, while cash generated from ...

South African defense conglomerate Denel is in some hot water with an American client, after news of a modest lawsuit broke. Draken International asserts Denel Aeronautics breached a $35.2 million USD ...

“The societal demands and rapid growth in innovation and artificial intelligence are accelerating the changes in defence and ...

Denel is seeking new local and international defence contracts to turn a pipeline exceeding R30bn into sustainable revenue, ...

JOHANNESBURG (Reuters) - South African state-owned defence firm Denel is unable to make payments to its employee pension fund or meet some of its tax obligations as it struggles with a liquidity ...

Add Yahoo as a preferred source to see more of our stories on Google. (Adds detail, context) JOHANNESBURG, Oct 11 (Reuters) - South Africa's Denel is winding up its struggling Aerostructures aircraft ...

Denel’s efforts to restructure its business and implement a comprehensive turnaround plan, have been given a boost following the recent decision by Fitch Ratings in London to affirm its long-term ...

The High Court ordered Denel to pay a total of R4.3 million to a group of 14 former and current employees. The group is now trying to get the money from a Denel corporate account at RMB. In the ...

The UAE Offsets Group (UOG) has facilitated the creation of a Dh 20.2 million ($5.5 million) joint venture between the Abu Dhabi-based Al Jaber Group and Denel, the South African defence equipment ...

The investigation also shows how the state-owned defence giant is being ushered into the arms of a Gupta-aligned company, VR Laser, despite a due diligence report from law firm ENSafrica, which ...