in Defence

Denel launches Denel Asia

Posted 28 January 2016 · Add Comment

Denel has established Denel Asia to expand its business into South East Asia as a joint-venture company in Hong Kong.

Denel Asia is a partnership between Denel SOC and VR Laser, a company with 20 years experience in South Africa.
 
“This is a vitally important region for Denel to expand its business and find new markets for our world-class products, especially in the fields of artillery, armoured vehicles, missiles and unmanned aerial vehicles,” said Zwelakhe Ntshepe, the acting group CEO of Denel.
 
Research suggests that by 2018 the Asia-Pacific nations will command more than half of global defence procurement outside of the United States.
 
Denel Asia will focus its attention on countries such as India, Singapore, Cambodia, Indonesia, Pakistan, Vietnam and the Philippines who have announced their intentions to embark on new defence acquisitions and grow their research and development budgets in the next four years. 
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