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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...
CAE announced that it expects to close its $1.05 billion acquisition of the military training business of L3Harris Technologies (NYSE: LHX) on Friday, July 2, after securing all regulatory approvals needed to complete the transaction. The deal was first announced in March and CAE said Monday L3Harris’ military training segment will enable it to br...
CAE‘s health care arm has appointed four executives to fill sales leadership roles across its military and government, e-commerce, strategic and core business segments. Heidi Wood, president of CAE Healthcare, said in a statement published Thursday the vice president appointments are aimed at supporting the company’s market expansion and...
Executive Mosaic is honored to announce that Todd Probert, president of National Security and Innovative Solutions (NSIS) for CACI International, has been named a recipient of the 2021 Wash100 Award for his leadership and vision to advance military capabilities for the modern-day warfighter as well as drive technical capabilities to protect and inno...
RENK, a Germany-based maker of automatic transmissions and gear units for military vehicles, has agreed to acquire Combat Propulsion Systems and Magnet-Motor businesses of L3Harris Technologies (NYSE: LHX) for an undisclosed sum to create a combat mobility platforms developer with key operations in the U.S. and Europe. RENK said Monday it expec...
Canadian aerospace company CAE (NYSE: CAE) is close to finalizing a potential $1.05 billion deal to acquire the military training division of L3Harris Technologies (NYSE: LHX) as part of a push to expand its defense business, The Wall Street Journal reported Sunday. WSJ cited sources that say the acquisition agreement could be ready by Monday...
