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Friday, June 02, 2006

Rooivalk’s future could be secured by Turkish deal

Rooivalk helicopter

The turnaround strategy of arms manufacturer Denel is expected to get a huge boost if the parastatal wins a $1,5bn contract to supply the Turkish army with 91 helicopters.

Winning the coveted tender would also mean that survival of the Rooivalk helicopter, which Denel has been struggling to sell for years.

Public Enterprises Minister Alec Erwin told journalists in Turkey this week that SA and Turkey planned to form strategic partnerships in the development of new defence technologies.

"There would be a high level of sharing in transfer of technology and intellectual property rights," said Erwin on Wednesday.

"That applies to any programme we are involved in with Turkey, not only the Rooivalk," he said.

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