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Gene Colabatistto: CAE Adds Germany, NZ, Poland Defense Orders in Q3

Gene Colabatistto
Gene Colabatistto

CAE Inc. (NYSE: CAE) has booked more than $99 million during its fiscal year 2015 third quarter to provide simulation training, upgrades, professional and support services to clients in Europe and in New Zealand.

Airbus awarded CAE a contract to build a C295 full-flight simulator for the Polish Air Force in support of the service’s training program, CAE said Monday.

CAE is scheduled to deliver the C295 FFS to Balice Krakow Air Base in 2017.

That simulator system will incorporate CAE’s True electric motion system, Medallion-6000 image generator and the common database architecture for mission training.

Gene Colabatistto, CAE’s group president of defense and security, said the company will add new platforms such as the SH-2G and Tiger helicopters to CAE’s portfolio.

CAE will also perform on-site maintenance and training services for 12 CAE-built helicopter simulators at the Bueckeburg-based German Army Aviation School through 2021.

A European defense cooperative organization also tapped CAE to assess training requirements for the German-French Tiger Helicopter Technical School in Fassberg, Germany.

CAE will also update the New Zealand military’s SH-2G(I) flight simulator and SH-2G(I) part task trainer, which are components of the SH-2G(I) helicopters the government of New Zealand has acquired from Kaman Corp.

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