Denel will this month make its distinct presence felt by showcasing some of its products at the Africa Aerospace and Defence (AAD) expo at the Waterkloof Air Force Base in Pretoria.
\nThe interim Group Chief Executive, Mike Kgobe, said he sees participation in the expo as a redefining moment for the future of Denel.
\n\u201cAAD 2022 will be an ideal platform to demonstrate to the aerospace, defence and related technology sectors \u2013 and the public \u2013 that the company is, again, rebuilding and refocusing on growth,\u201d he said on Wednesday.
\nThe AAD is Africa\u2019s only aerospace and defence expo that combines both a trade exhibition and an air show. The exhibition returns after a long break caused by the COVID-19 pandemic.
\nThis year\u2019s event will attract exhibitors from all continents, a host of national pavilions, as well from the world\u2019s leading aerospace and defence manufacturers.
\n\u201cAAD brings together some of the world\u2019s top aerospace and defence decision-makers and industry analysts, and we intend to showcase the products which built Denel\u2019s global reputation and offer insights into our future strategy,\u201d said Kgobe.
\nThe State-owned aerospace and military technology conglomerate, said Kgobe, is taking bold steps to streamline and refocus its operations to build a sustainable business and return to profitability.
\nHe said Denel remains an innovative company with the ability to deliver world-class products across the spectrum of aerospace, defence and related technologies \u2013 from land to sea, air to cyber and security environments.
\nDenel continues to play a critical role in meeting South Africa\u2019s strategic security requirements, said Kgobe.
\n\u201cIt may have lost critical skills in recent years and suffered reputational damage because of lapses in governance and State capture, but it is recapturing lost ground following a complete overhaul of the board, executive and governance structures.\u201d
\nDenel recently announced a comprehensive five-year plan to revitalise the company and reduce its operating divisions to focus on its core business areas that cover the air, land, sea and space domains, with a diversification drive into the security sector.
\nThis will build on Denel\u2019s market reputation and battle-proven products in aeronautics, manned and unmanned aircraft and target drones, inclusive of world-class test and evaluation capabilities, artillery and infantry weapons, combat vehicles, guided weapons and precision-guided munitions, as well as small to medium calibre ammunition.
\nAmong the industry-leading Denel products that will be displayed are the Rooivalk attack helicopter, the G5-45 long-range gun-howitzer and the RG31 and RG32 ranges of mine-protected vehicles.
\nDenel will showcase its advanced guided weapons capabilities, including the A-Darter air-to-air missile, the Umkhonto-IR surface-to-air missiles, and the Ingwe and Mokopa surface target missiles.
\n\u201cThese systems all represent the pinnacle of the South African aerospace, defence and related technology sectors. We want to demonstrate the fact that Denel remains capable of producing such systems while being at the forefront of research and innovation into new products,\u201d said Kgobe.
\nHe said AAD 2022 is a pivotal event for the South African aerospace, defence and related technology sectors, coming at a time when the global industry\u2019s attention is shifting towards high-end research in fields such as integrated systems, artificial intelligence and other niche products.
\n\u201cThe South African public must have confidence that there is a high-technology company, which is also at the leading edge of research and product development.
\n\u201cDenel is a significant public asset and adds immense strategic value to South African society by ensuring that our defence force, police and security services have access to modern technology and a dedicated support network.\u201d
\nKgobe said with the current turnaround and restructuring, which enjoys full backing from government, Denel is confident that it can return to profitability within the next five years. <\/p>\n
Source: South African Government News Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
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