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Ailing Denel lost out on R4bn when its trade secret was sold off

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The RG35 (Source: Denel)
The RG35 (Source: Denel)

Ailing state-owned arms company Denel seemingly lost out on forecast sales of at least R4 billion for contracts concerning the RG35 armoured vehicle's developed version, the N35, when its critical intellectual property (IP) for the product was sold off, documents show. 

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