Publication: Business Report Issued: Date: 2007-03-28 Reporter: Bloomberg

Lekota to Shuffle Defence Firms

 

Publication 

Business Report

Date 2007-03-28

Reporter

Bloomberg

Web Link

www.busrep.co.za

 

State-owned weapons firms Armscor and Denel would be reorganised to make them more efficient, defence minister Mosiuoa Lekota said yesterday.

Armscor "is being streamlined as an acquisition division. The research agencies of Denel and Armscor will reside in a new body called the Defence Evaluation and Research Institute," Lekota said.

With acknowledgements to Bloomberg and Business Report.