Home / Contract Awards / CAE Gets $133M in Military Aircraft Simulator, Training System Orders; Gene Colabatistto Comments

CAE Gets $133M in Military Aircraft Simulator, Training System Orders; Gene Colabatistto Comments

Gene Colabatistto
Gene Colabatistto

CAE (NYSE: CAE) has captured contracts worth a combined $132.8 million to provide flight simulation equipment and pilot training services to multiple domestic and international defense customers.

The company said Wednesday it received a contract from Lockheed Martin (NYSE: LMT) to build Phenom 100 synthetic training devices for a U.K. military flying training program and another contract from Boeing (NYSE: BA) to help update P-8A operational flight trainers of the U.S. Navy.

The U.K. awarded the company a contract modification to integrate digital automatic flying control technology into two CH-47 multimission aircraft simulators for the British air force.

Canada picked CAE to help maintain hardware and software of flight simulators at various military bases throughout the country.

Australia asked the company to produce a C-130J fuselage cargo compartment trainer for the country’s air force.

Gene Colabatistto,  president of CAE’s defense and security group, noted he believes the growing demand for integrated live, virtual and constructive training systems presents market opportunities for the organization.

Check Also

Kevin McDonnell to Join AeroVironment as SVP, CFO

Kevin McDonnell, former senior vice president and chief financial officer of JAMS, has been appointed to the same positions at unmanned aircraft system maker AeroVironment (Nasdaq: AVAV). His appointment is effective Feb. 10 and he will succeed Brian Shackley, who has held the CFO role at AeroVironment on an acting basis since October, the company said Thursday.

Army Engineers Select Brayman for $320M Bluestone Dam Rehabilitation Contract

Brayman Construction has landed a potential nine-year, $319.6M contract from the U.S. Army Corps of Engineers to renovate recreational areas and equipment at the Bluestone Dam's stilling basin in West Virginia.