South Africa's defence industry: turning the corner?
Armada International › Vol. 34 Nbr. 4, August 2010
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Market report
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South Africa's defence industry: turning the corner?
Twenty-one years ago the previous South African government initiated defence cuts that saw funding cut by half in a decade. Those cuts and the steadily shrinking budget that occurred since almost killed the defence industry. Still vulnerable, it may now have turned the corner. It has increased exports several years running (one billion dollars in 2008), has useful alliances, and is receiving quite substantial orders from the South African forces.
Most impressively, the industry has expanded beyond its specialities to supply 'high tech' items to major armed forces. Among them are surface-to-air and anti-tank missiles,...See the full content of this document
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