Rheinmetall Buying Majority Stake in Denel Munitions

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G6 SP Howitzer(click to view full) In September 2005, “South Africa’s Denel Forced Into Strategic Shift” examined the changed business landscape for the firm, which was suffering from the collapse of its domestic arms market as a source of guaranteed funding, and a flood of red ink on its balance sheet. The turnabout has been […]

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