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Research to results: Q&A with Ravini Moodley on scaling innovation in a constrained economy

From blombos to beyond: Celebrating South Africa’s zany DNA of innovation

Jacques Moolman

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Airbus coughs up R3,5-billion to Armscor

After years of contractual disputes, Airbus has refunded Armscor R3,5-billion on the aborted deal to buy eight A400M transporter planes, according to a Times Live report.

21 Dec 2011

Times Live reports that the refund is for pre-delivery payments made by South Africa before the deal to buy the planes was cancelled in 2009. Despite the contract cancellation, Denel (a division of Armscor) remains responsible for the manufacture and supply of several components for the aircraft.

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