Armscor definition

Armscor means the Armaments Corporation of South Africa Limited established by the Armaments Corporation of South Africa Act no 51 of 2003.
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Armscor means the Armaments Development and Production Corporation of South Africa, Limited, established in terms of the Armaments Development and Production Act, 1968 (Act No. 57 of 1968);
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Examples of Armscor in a sentence

  • Currently, South Africa has a ▇▇▇▇ policy for the non-military portions of IP projects that are managed and administered by the DTI, and a DIP policy to govern all IP proposals and projects/activities directly linked to a defence purchase managed and administered by Armscor on behalf of the Ministry of Defence.

  • At that time, the Armaments Corporation of South Africa Ltd (Armscor) was created as a State-owned arms producer, responsible for arms acquisition, and for military research and development (R&D).

  • Facility Agreement regarding On-Site Inspections at the Schedule 1 Single Small Scale Facility Armscor Business (PTY) LTD Trading as Protechnik laboratories.

  • The Armscor (n.d.) defines DIP as “the process where purchases of the Department of Defence are used as a leverage to oblige a foreign seller of defence commodities/services to do defence-related business in South Africa on a reciprocal basis in order to advance military strategic and defence-related industrial imperatives”.