TYSONS CORNER, VA September 10, 2015 — CAE (NYSE: CAE) has announced three contract awards worth a combined $120 million, including an order of a C-130J simulator for Lockheed Martin (NYSE: LMT) and magnetic anomaly detectors for Japan, ExecutiveBiz reported Wednesday.
The third is a contract modification that involves the provision of more instructors to train U.S. Air Force drone operators.
“I am particularly pleased with how we have been able to expand our support to the U.S. Air Force on the MQ-1 Predator/MQ-9 Reaper unmanned aerial system training program, which is an area of significant growth across the global defense market, ” Gene Colabatistto, CAE group president for defense and security, said Wednesday.
Ray Duquette, president and general manager of CAE USA, cited a government report that indicates stepped up efforts on UAS training from the Defense Department.
“One of these initiatives is to address the shortage of instructors at the formal training units at Holloman [Air Force Base], ” Duquette said.
“The comprehensive training for aircrews is delivered by both active-duty and contract instructors who work as an integrated team, and CAE is pleased to be able to provide additional instructors to help improve the training throughput.”
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