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September 2006 edition

Saab and Denel in manufacturing joint venture

Saab of Sweden and Denel Aviation of South Africa have formed a company to develop and manufacture aerostructures. The company will compete internationally for design, manufacturing, and assembly orders in civil and defence aerostructures.

Denel ceo Shaun Liebenberg says its aerostructures unit will contribute its new and existing capital equipment, current client base, and design and manufacturing skills. Saab’s ceo Åke Svensson says: “The new South African aerostructures company is the first newly formed partnership to emerge from state-owned aerospace and defence manufacturer Denel’s restructuring process. Saab assumes responsibility for the running and performance of the new entity.“

Saab provides an investment of R66-million (US$10 million) over the first two years, ongoing skills an....

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