Denel Overberg Test Range back in the black - defenceWeb
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2 Articles
South Africa's Denel Overberg Test Range Projects Multi-Year Profitability - Space in Africa
The Denel Overberg Test Range, South Africa’s premier facility for developing rocket testing and launch capabilities, is projecting sustained profitability […] The post South Africa’s Denel Overberg Test Range Projects Multi-Year Profitability appeared first on Space in Africa.
Denel Overberg Test Range back in the black - defenceWeb
Denel expects its Overberg Test Range (OTR) in the Western Cape to be profitable over the next three years thanks to a healthy order pipeline, including a possible satellite launch. In its 2025-2026 Corporate Plan, tabled in Parliament in June, the company predicts a R9 million profit for the Denel OTR in 2025/26; a R4 million profit in 2026/27, and a R5 million profit in 2027/28. This is on the back of over R400 million in planned sales over th…
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