Denel Inks 340 Million IFV Turret Deal with Malaysia
July 11, 2012
Denel has signed a 340 million (R3.5 billion*) contract with Malaysia to supply a range of turret and integrated weapon systems to be fitted onto 8x8 armoured infantry fighting vehicles. The deal has been several years in the making.
Zwelakhe Ntshepe, the Group Executive Business Development and Corporate Affairs of Denel, says this is the largest export contract in the companys history and will result in a significant cash injection and job creation in the local industry. The turrets will be exported to Malaysia over a seven year period with the first consignment ready for delivery this coming January.
Ntshepe says the final negotiations with Malaysia were concluded at the recent Defence Services Asia Exhibition held in Kuala Lumpur, together with their local partners DRB-Hicom (Deftech).
Denel Land Systems (DLS) CE Stephan Burger says his company will be responsible for a number of strategic components that have been designed and developed at its campus in Lyttelton:
69 two man turrets fitted with the South African GI30 30mm main gun.
54 missile turrets equipped with the GI30 30mm gun and Denel Dynamics Ingwe anti-tank missile system. The order also includes the supply of 216 laser-guided Ingwe missiles.
54 remote control weapons systems.
Burger says the production of the first consignment of turrets is on schedule and will be delivered in January 2013 for trials by the Malaysian Army. The turrets and weapon systems will be integrated on the Malaysian Armys new 8x8 vehicles which are based on the Pars armoured vehicle platforms from the Turkish company, FNSS.