FILE PHOTO: An Airbus A400M aircraft flies during a display on the first day of the 52nd Paris Air Show at Le Bourget airport near Paris, France, June 19, 2017. REUTERS/Pascal Rossignol/File Photo
Denel, a cornerstone of South Africa’s once mighty defense industry, is battling to emerge from a financial and operational crisis. In February it said it could sell stakes in some divisions as part of a strategy to return to profits within two years.
Denel has become a corrupt government agency. It lost it's luster long time ago.
Which time period are you referring to when you say 'south Africa's once mighty defense industry'
What a bullshit ! Got that the Republic will buy some ...
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