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August 19, 2009

Denel order book standing at R17.8bn

Defence parastatal says its turnaround strategy is working

 

Denel releases annual results: 31 March 2009



19 August 2009, Centurion. Group CEO of Denel, Talib Sadik , released the Group's annual results for 2009 today. While the organisation posted a normalised loss of R242m (2008: R307m), when viewed in context, its restructuring strategy clearly indicates viability, progress and improvement for the benefit of the South African defence and aerospace industry, the South African National Defence Force (SANDF) and the local economy.

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Posted by StaffWriter at August 19, 2009 11:00 AM