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CAE’s Gene Colabatistto: Training & Simulation Sector to See Increased Military Interest, Industry Activity

Gene Colabatistto
Gene Colabatistto

TYSONS CORNER, VA, December 1, 2015 — Gene Colabatistto, president of CAE‘s (NYSE: CAE) defense and security group, believes increased military interest in simulation technology and “portfolio shaping” of companies will drive the training and simulation industry, ExecutiveBiz reported Monday.

Colabatistto told Defense News in an interview published Saturday that the military services currently explore gaming and “virtual flag” exercises as part of this shift in attitude toward training simulation.

“I think you will see some companies trying to vertically integrate in order to be a full-services provider, and then you will see some divest themselves of pieces they don’t need, ” he said regarding industry activity.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

Contact:
David Smith
(703) 226-7002
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