Denel

Denel
Denel (Pty) Ltd
Type Proprietary limited company
Industry weapons manufacturing
Founded 1991
Headquarters Centurion, Gauteng, South Africa
Area served world wide
Key people CEO: Talib Sadik[1]
Products attack helicopters, guided missiles, glide bombs
Revenue R3,268,1m
Net income R541,1m (loss)
Employees 7634
Parent 100% state owned
Website http://www.denel.co.za

Denel (Pty) Ltd is a South African state owned aerospace and defence technology conglomerate established in 1991. It was created when the manufacturing subsidiaries of Armscor were split off in order for Armscor to become the procurement agency for South African Defence Force (SADF), now known as the South African National Defence Force (SANDF), and the manufacturing divisions were grouped together under Denel (Pty) Ltd as divisions.

Denel was established as a state-owned industrial company under the Ministry of Public Enterprises in April 1992. It inherited most of Armscor's production and research facilities, and over 15 000 employees. At the time of its formation, Denel restructured and reorganised the former Armscor subsidiaries into a number of divisions and subsidiaries within five industrial groups: systems, manufacturing, aerospace, informatics, and properties and engineering services.[2]

Denel has developed a number of notable products, such as:

The Overberg Test Range is used for advanced aerial testing by NASA, EADS and BAE Systems to name a few.

Though Denel's market share is increasing, it still has not signed significant international contracts that will bring a real market return for its investments in development and research costs. In 2006, Denel signed a contract with the Finnish Navy for the Umkhonto air defence missile; this was a significant step, since it was the first significant sale to a western nation. The Swedish defense force was also interested in the Umkhonto missile, but due to budget constraints had to put their plan on hold.

Though Denel has comparable quality products, at lower prices, it has a continuous net loss on income and transition to democracy since 1994 is worrisome to buyers if the state will continue funding this loss. This might be the reason for Denel's most worrisome challenge, being the sale of the Rooivalk attack helicopter, which was developed at a cost of US$1billion and after the losing of a contract from Turkey for $2 billion and other countries only mentioning interest, but no contract coming forth. The sale of the Rooivalk, which could be Denel's most profitable project, also threatens to be its largest loss ever.[3]

Contents

Divisions

The following divisions form part of Denel (Pty) Ltd

Associated companies

  • Carl Zeiss Optronics
  • Rheinmetall Denel Munition
  • Turbomeca Africa

References

  1. ^ http://www.denel.co.za/uploads/docs/20080926appointment_of_group_chief_executive_officer.pdf
  2. ^ "Conversion: The Case of Denel". Peter Batchelor (International Development Research Centre). 2006-11-26. http://www.idrc.ca/fr/ev-68072-201-1-DO_TOPIC.html. 
  3. ^ "What went wrong with Rooivalk?". http://www.engineeringnews.co.za/article.php?a_id=110041. 

External links


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Denel — (Pty) Ltd. Rechtsform Staatsunternehmen Gründung 1. April 1992 Sitz Sudafr …   Deutsch Wikipedia

  • Denel AH-2 — Rooivalk …   Deutsch Wikipedia

  • Denel G6 — 45 Allgemeine Eigenschaften …   Deutsch Wikipedia

  • Denel AH-2 Rooivalk — Saltar a navegación, búsqueda CSH 2 / AH 2 Rooivalk Denel CSH 2 Rooivalk volando en el año 2006. Tipo Helicóptero de ataq …   Wikipedia Español

  • Denel AH-2 Rooivalk Attack Helicopter — Denel AH 2 Rooivalk …   Deutsch Wikipedia

  • Denel 35mm Dual Purpose Gun — Type Naval Close in weapon system Place of origin  South Africa …   Wikipedia

  • Denel Overberg Test Range — Type Missile test range Location 34°36′9.92″S …   Wikipedia

  • Denel AH-2 Rooivalk — Vue de l hélicoptère Rôle hélicoptère d attaque Constructeur Denel Aerospace Systems …   Wikipédia en Français

  • Denel Land Systems — is a division of the Denel group. It was formerly Lyttleton Engineering Works (LIW from Afrikaans: Lyttleton Ingenieurswerke). It then became the Systems division of the Land Systems Group of Denel. They are responsible for the design and… …   Wikipedia

  • Denel NTW-20 — Type Anti materiel rifle Place of origin  South Africa …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”