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Boeing, CAE Expand Military Aerospace Collaboration; Stephanie Pope, Dan Gelston Quoted

Boeing (NYSE: BA) has expanded a partnership with Montreal-based aerospace technology manufacturer CAE (NYSE: CAE) to pursue new teaming opportunities and potential joint offerings for the military aviation sector.

CAE said the two companies are looking to grow international supplier networks through a memorandum of understanding with the intent to help defense customers address aircrew training and in-service support requirements.

“Our purpose is to prepare our military customers for safe and successful mission outcomes through advanced training and mission readiness,” said Dan Gelston, president of CAE’s defense and security business.

This Canadian company serves as a key simulation technology partner on Boeing’s CH-47 production contract with Germany.

Both contractors also plan to expand P-8 system offerings for the Canadian, German and Norwegian governments.

“This collaboration demonstrates the best of how governments and industry can collaborate to benefit customers worldwide,” said Stephanie Pope, president and CEO of Boeing’s global services organization.

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