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BAE Agrees To Sell Holdings in Land Systems South Africa To Denel

Defense Daily Staff Defense Daily Staff
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BAE Systems Aug. 11 said it has an agreement for the proposed sale of its holding in BAE Systems Land Systems South Africa Proprietary Limited (LSSA) to Denel (SOC) Limited for about $80 million. Latest RG35 6x6 multi-purpose blast protected vehicle Photo: BAE SystemsLatest RG35 6×6 multi-purpose blast protected vehicle The adjustments include the sale by BAE of its 75 percent interest in the LSSA business as well as the sale by DGD Technologies (2001) Proprietary Limited, of its 25…

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