Denel

Also known as Denel Aerospace Systems, Denel SOC, Denel SOC Ltd

Denel SOC Ltd is a South African state-owned aerospace and military technology conglomerate established in 1992. It was created when the manufacturing subsidiaries of Armscor were split off in order for Armscor to become the procurement agency for the South African Defence Force (SADF), now known as the South African National Defence Force (SANDF), and the manufacturing divisions were grouped together under Denel as divisions. It is the largest of South Africa's state owned arms companies. The company had been experiencing major financial problems since 2015 and in 2021 it was announced in Par

Key facts

Company.name: Denel SOC Ltd
Company.logo: 200px
Company.type: State-owned enterprise
Company.foundation: 1992
Company.location: Centurion, City of Tshwane, Gauteng, South Africa
Company.key_people: Michael Kgobe(CEO) Carmen Le Grange(CFO)
Company.area_served: Worldwide
Company.industry: Aerospace and Defence manufacturing
Company.products: Missiles Cruise missiles Attack Helicopters Transport HelicoptersUAVsArmoured vehicle turretsGlide bombsArtillery systemsAmmunition
Company.operating_income: R -1.5 billion loss (FY 2020)
Company.net_income: R -1.9 billion loss (FY 2020)
Company.equity: R 2.277 billion (FY 2020)
Company.num_employees: 3,137 (FY 2020)
Company.parent: Government of South Africa