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CAE, Draken to Seek Global Market Opportunities for Training Services; Gene Colabatistto Comments


Gene Colabatistto
Gene Colabatistto

TYSONS CORNER, VA, July 14, 2016 — CAE (NYSE: CAE) and Draken International have expanded their partnership to jointly pursue market opportunities for adversary and aggressor air training services outside Canada, ExecutiveBiz reported Monday.

The companies will integrate live, virtual and constructive training to support air combat, threat simulation, joint terminal attack controller and other programs in Europe, North America and the Asia-Pacific region under the memorandum of understanding, CAE said Friday.

“We will continue to look for opportunities to deliver full-spectrum solutions across the training enterprise for our global defense customers, ” said Gene Colabatistto, president of CAE’s defense and security group.

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