Denel launches maritime division

Cape Town - Denel has established a new maritime division, the state-owned arms manufacturer said on Monday.

"The establishment of the new Denel Integrated Systems and Maritime division [DISM] will strengthen the company's transition as a high-technology powerhouse and expand the range of products and services we now offer to the South African defence and security sectors," Denel group CEO Riaz Saloojee said.

"In addition, DISM will add to Denel's existing strengths in the landward and aerospace arenas, while at the same time opening up new markets for the company, enabling us to remain globally competitive.

Denel Aerostructures CEO Ismail Dockrat had been appointed as CEO of the DISM.

"We are opening up a new strategic area of business that will ensure Denel's activities cover the broader spectrum of defence and security markets and enable us to meet the needs of our primary client the SA National Defence Force more effectively," said Saloojee.

The DISM would be responsible for research and developing new local capability in, among others, surveillance, reconnaissance, cyber warfare and security.