South African defence company making major investments to upgrade its facilities

Rheinmetall Denel Munition (RDM) will invest R550-million over the next three years to modernise its production facilities to the latest standards, introduce state-of-the-art processes and to increase its capacity, company CEO Norbert Schulze informed Engineering News Online. “We will likely recruit another 200 workers,” he also said. RDM is 51%-owned by Germany’s Rheinmetall AG and 49% by South Africa’s Denel SOC, both of which are defence industrial groups (although Rheinmetall is also active in the automotive components sector). Rheinmetall is a private sector enterprise and Denel is State-owned.