Aerospace and defense companies CAE and Leonardo were tapped by the Canadian government to enhance its fleet of CH-149 Cormorant search and rescue helicopters and provide flight simulators under two contracts worth up to $911 million combined. The Cormorant Mid-Life Upgrade program will require Leonardo to modernize the aircraft into its most advanc...
The U.S. Air Force has awarded 92 companies positions on a potential 10-year, $900 million contract to come up with innovative approaches to advance the development of multidomain systems. The Air Force Life Cycle Management at Wright Patterson Air Force Base in Ohio is the contracting activity and received 94 proposals for the indefinite-delivery/i...
Lloyd Austin, secretary of the Department of Defense and a 2022 Wash100 Award winner, and other DOD leaders hosted the Defense Innovation Board’s meeting on Monday and joined DIB Chair Michael Bloomberg in welcoming the seven newly named board members. Established in 2016, DIB provides department leaders with independent expert advice on how DOD c...
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 ...
Marc Parent CAE (NYSE: CAE) has introduced its new logo and brand identity as the company strengthens its mission of equipping individuals with technology platforms and expertise to prepare them for critical roles. “Our new logo reflects our heritage, this evolution, and our bold vision for the future, which involves us leaning even deeper int...
Cliff Qualls was elevated to the role of vice president of readiness solutions, rotary wing and joint capabilities at CAE, where he previously served as director of rotary wing programs. According to his LinkedIn profile, Qualls held managerial positions at the former L-3 Communications and L3 Technologies company for over a decade before assuming r...
Patrick Shanahan, former acting secretary of the Department of Defense and a previous Wash100 awardee, has joined the board of directors at defense and security platforms manufacturer CAE. Shanahan has gained three decades of sector experience and expertise in areas such as artificial intelligence, cloud computing and cybersecurity modernization, th...
CAE USA (NYSE: CAE) has received a potential $37 million contract to develop a system for the National Geospatial-Intelligence Agency to access, process and distribute three-dimensional geospatial information. The company said it will lead the development and integration of a prototype for the Training and Readiness Accelerator-managed Beyond 3D eff...
The U.S. subsidiary of CAE (NYSE: CAE) has purchased a minority interest in a SkyWarrior business that primarily offers flight training services to the military sector. Pensacola, Florida-based SkyWarrior currently supports the Naval Introductory Flight Evaluation program for student aviators at the U.S. Navy and Marine Corps, CAE said Tuesday. Dan ...
CAE (NYSE: CAE) has closed its $1.05 billion acquisition of the military training business from L3Harris Technologies (NYSE: LHX) while Renk AG completed its $400 million cash purchase of L3Harris’ combat propulsion systems unit and related assets. The two deals were first announced in March and completed Friday, three days after Christopher K...
