What does denel mean?
Definitions for denel
denel
This dictionary definitions page includes all the possible meanings, example usage and translations of the word denel.
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Wikipedia
Denel
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 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 Parliament that Denel was on the brink of insolvency. The company stated that its woes were due to declining local defence budgets, weakened relationships with key customers and suppliers, the inability to retain or attract skilled personnel, ongoing salary disputes and a Fitch ratings downgrade.
Wikidata
Denel
Denel SOC Ltd is a South African state-owned aerospace and defence technology conglomerate established in 1991. It was created when the manufacturing subsidiaries of Armscor were split off in order for Armscor to become the procurement agency for South African Defence Force, now known as the South African National Defence Force, and the manufacturing divisions were grouped together under Denel as divisions. Denel was established as a state-owned industrial company under the Ministry of Public Enterprises in April 1992. It inherited most of Armscor's production and research facilities, and over 15 000 employees. At the time of its formation, Denel restructured and reorganised the former Armscor subsidiaries into a number of divisions and subsidiaries within five industrial groups: systems, manufacturing, aerospace, informatics, and properties and engineering services. Denel has developed a number of notable products, such as: The Umkhonto vertical launched air defence missile. Mokopa tandem warhead anti-tank guided missile, with a range of 10 km.
Numerology
Chaldean Numerology
The numerical value of denel in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of denel in Pythagorean Numerology is: 4
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- denelGerman
- denelPortuguese
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"denel." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/denel>.
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