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CAE Lands Contracts for Training, Simulation Tech; Gene Colabatistto Comments

Gene Colabatistto
Gene Colabatistto

TYSONS CORNER, VA, February 29, 2016 — CAE (NYSE: CAE) will provide training and simulation technology and services to three international customers under separate contracts worth $59.2 million, ExecutiveBiz reported Friday.

The company said Thursday the contracts from the U.S. Air Force,  NATO Support and Procurement Agency and the Public Works and Government Services Canada are for the Sea King MK41 and CAE 3000 Series simulators and KC-135 aircrew training devices.

Gene Colabatistto, group president for defense and security at CAE, said the company will continue to provide its services as a training systems integrator to global defense customers.

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