BAE to sell South African business to Denel
BAE Systems’ Land Systems South Africa (LSSA) business is to be sold to Denel for 855 million Rand ($80.2 million) in the fourth quarter of 2014, it has been announced.
In a statement released on on 11 August, BAE Systems’ head office stated that an agreement for the proposed sale of its holding in LSSA had been reached with South Africa’s state-owned defence manufacturer, Denel.
This is good news for Denel, which now has an armoured vehicles manufacturing plant to take over, which is one of LSSA three main business units including Olifant Manufacturing Company (OMC); BAE Gear Ration; and
Already have an account? Log in
Want to keep reading this article?
More from Land Warfare
-
![DSEI 2025: Polaris displays new all-terrain vehicle with Alakran mortar system]()
DSEI 2025: Polaris displays new all-terrain vehicle with Alakran mortar system
The Polaris Government and Defense’s Military RZR (MRZR) Alpha 1KW was displayed at the Modern Day Marine exposition in the US earlier this year and with the Alakran mobile mortar weapon system at DSEI. The company outlined recent firing trials with the Alakran mobile mortar weapon system (MMWS) which was weeks after the company announced a major NATO deal.
-
![DSEI 2025: Thales creating new remote weapon station and Storm 2 counter-drone jammer]()
DSEI 2025: Thales creating new remote weapon station and Storm 2 counter-drone jammer
Thales launched Storm-H in 2012 as an EW system equipping individual dismounted troops, and a decade later revealed details to develop the improved and more powerful Storm 2.
-
![The integration between drones and land vehicles is accelerating]()
The integration between drones and land vehicles is accelerating
Drones and military ground vehicles are increasingly being designed to operate together as a single platform or even to convert crewed systems to automated ones.
-
![Denmark shuns US platform as it settles on SAMP/T air defence system]()
Denmark shuns US platform as it settles on SAMP/T air defence system
The acquisition, which is part of the country’s broader defence package worth DKK58 billion (US$9.2 billion), goes against the grain with many other European countries opting for the US’s popular Patriot platform.
