DSA 2022: Denel eyes Asian opportunities with restructuring process almost complete
AV8 Gempita production line in Malaysia. (Photo: Denel)
A revamped Denel aims to make an impact in Malaysia and the broader Southeast Asian market, its interim CEO tells Shephard in an exclusive interview.
The restructuring and reorganisation of Denel will be implemented by 1 April, allowing the company to be more efficient and better placed to meet the demands of the current marketplace, interim CEO William Hlakoane said on 28 March during the opening day of Defence Services Asia (DSA) 2022 in Kuala Lumpur, Malaysia.
Speaking to Shephard, Hlakoane noted that ‘basically, we are reducing the number of divisions’ and ‘making them smaller’ into two divisions: engineering and manufacturing.
Some of the current divisions will become business units, so ‘they are not going to fall away but will instead become smaller business
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