Paramount Group military aircraft are seen on display at the Africa Aerospace and Defence expo at the Waterkloof Air Force Base near Pretoria, South Africa, September 21, 2018. REUTERS/Joe Bavier
JOHANNESBURG (Reuters) - Effective collaboration between companies across South Africa's defence industry and lucrative export markets from Central Asia to Saudi Arabia offer a way out of a crisis in the sector - once a pillar of Africa's most advanced economy - a top industry figure said.
Squeezed global military budgets, domestic economic headwinds and a contracting home market have hit the South African defence industry hard.
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