Denel’s Decline: The Future of Defense & Aerospace Tech in South Africa
Denel’s Decline: The Future of Defense & Aerospace Tech in South Africa South Africa once held a leading position in defense and aerospace innovation, anchored by the state-owned giant Denel. From advanced artillery systems to aircraft components, Denel was the backbone of a thriving high-tech sector. However, years of corruption, financial mismanagement, and underinvestment have…