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.

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

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