State-owned arms manufacturer Denel expects to know by July whether Turkey is to place an order for its Rooivalk attack helicopters in a deal expected to total R12-billion to R15-billion.

"Technically, we're looking very good," Denel chief executive Shaun Liebenberg told Parliament's public enterprises portfolio committee on Wednesday.

"But when you're playing with the big boys, political influences (and) the impact and imperatives around the European Union and the support Turkey would need from some of our competitors could impact on the way we're going.

"But we're feeling very comfortable that we're looking good as far as that is concerned."

Denel expected to have clarity on the matter by the end of July, Liebenberg told the committee.

He extolled the virtues of the fighter helicopter, saying the reason none have been sold was a shortage of selling skills and political support.

"We have to try to make this thing work," Liebenberg said. "We cannot just close it down".

Sapa

SA COMPANIES & BUSINESS INFO Trying to find your way around South Africa's corporate landscape? Looking for a info on a particular company or sector? After the latest business, financial or market news? Here's a quick directory of links to get you started.

MORE BUSINESS NEWS Denel in running for R12bn deal Edcon riding consumer wave Metallon bags R70m on BEE deal Micro lending still brisk Transnet sale to go ahead Retirement education 'lacking' A repeat performance unlikely: Astral Another record year for car industry? Party not over for metals, says bank MTN boosts subscriber base Massmart/Moresport blocked Skills 'essential' for SA economy Highveld HEPS stumbles 70% Mittal SA earnings plummet 21% Billions for Kriel Power: Eskom