Jul 24, 2017 SOURCE: © CTO Data Services Co.
MALAYSIAN HOLD-UP CAUSES CASH FLOW PROBLEMS FOR DENEL
Full production of turrets for Denel Land Systems’ Badger Infantry Combat Vehicles is under way in Malaysia.
Stephan Burger, Denel’s CEO, said that 51 units have been completed in addition to the knockdown kits assembled in the country.
However, technical challenges and economic factors have extended the contract by two years to...
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