Cash-strapped arms maker Denel eyes $2 bln in export deals - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Cash-strapped arms maker Denel eyes $2 bln in export deals via SABCNewsOnline

“Denel is actively pursuing a winnable order pipeline of R30 billion in the next two years, which will greatly contribute to the financial turnaround and long-term sustainability of the company,” Denel said in a statement.

“This includes an imminent export contract – the largest in Denel’s history. This contract, which includes an advance payment of R1.5 billion, has the potential to grow Denel’s order stock by 32%,” it said. On Friday, Denel received $118 million cash injection from the government to stem a deepening liquidity crunch.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 32. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Botswana issues travel advisory, warns citizens travelling to South Africa | IOL Business ReportWidespread xenophobic violence and looting of shops have gripped Gauteng province in recent days, with at least five people killed during the mayhem.
La source: IOL - 🏆 46. / 51 Lire la suite »