Denel nabs Malaysia deal
Malaysia has confirmed its intention to buy armoured personnel
carriers for which South Africa's Denel will supply the turrets,
the company said on Wednesday.
Communications manager Sinah Phochana said Malaysia's defence
ministry handed a letter of intent to DRB-Hicom Defence
Technologies Sdn Bhd (Deftech) at the Defence Services Asia Expo
2010 last week.
"Deftech has in turn handed over a letter of intent to Denel as
a technology partner for the joint manufacture of turrets and for
the systems integration of the programme."
The company said the contract showed that its revised strategy
to get better access to sustainable international markets was