# State-owned defence company Denel has outlined plans to restore and grow its operations during a presentation to Parliament. The group says its strategy focuses on supporting the South African National Defence Force, improving financial sustainability and expanding international partnerships. Denel aims to grow turnover by five-billion-rand over the next five years while rebuilding its reputation as a reliable defence supplier. The company also plans to diversify products, expand into new markets and strengthen governance, operational efficiency and compliance across its divisions.
Denel outlines recovery and growth strategy