South Africa’s Minister of Public Enterprises, Pravin Gordhan, announced the replacement of the entire board of the state-owned defence group Denel on 9 April.
Setting out his reasons, Gordhan pointed to Denel’s success between 2010 and 2015: an average growth of 15% per annum; an order
Boeing has been awarded a USD64 million contract to restart its production line for Standoff Land Attack Missile-Expanded Response (SLAM-ER), the Department of Defense announced on 10 April.
Expected to be completed by March 2019, the contract also covers the redesign of obsolete, nearly obsolete,