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TYSONS CORNER, VA, December 14, 2015 — CAE (NYSE: CAE) continues its work to capture new unmanned aircraft programs and expand its market presence in pilot training services, ExecutiveBiz reported Friday. National Defense Magazine reported Thursday that Gene Colabatistto, president of CAE’s...
TYSONS CORNER, VA, December 1, 2015 — Gene Colabatistto, president of CAE‘s (NYSE: CAE) defense and security group, believes increased military interest in simulation technology and “portfolio shaping” of companies will drive the training and simulation industry, ExecutiveBiz reported Monda...
TYSONS CORNER, VA, November 30, 2015 — CAE (NYSE: CAE) will provide a fuselage training platform for the U.S. Air Force‘s aeromedical evacuation crews on the KC-135 and C-17 aircraft under a subcontract from ADS Inc., ExecutiveBiz reported Tuesday. The Aeromedical Evacuation Training System ...
CAE (NYSE: CAE) has received a potential five-year, $30 million contract from the U.S. Army to provide technical services for Kuwait air force’s KC-130J weapon system training program through a foreign military sales agreement. Contract work will take place through Nov. 8, 2020, the Defense Department said Monday. Lockh...
TYSONS CORNER, VA, November 5,  2015 — Gene Colabatistto, group president for defense and security at CAE (NYSE: CAE), is a new inductee into the George Washington University Engineering Hall of Fame, GovCon Executive reported Wednesday. GWU’s School of Engineering a...
TYSONS CORNER, VA, October 9,  2015 — CAE (NYSE: CAE) has been awarded three new defense contracts worth a combined $77 million, which it will credit to the second quarter of its fiscal year, ExecutiveBiz reported Tuesday. CAE said the deals comprise one option year each for training services for KC-135 and T-44C aircre...
Weekly Roundup Sept 28 – Oct 2 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The military’s chief weapons buyer sought to throw cold water this week on the idea of consolidation among the U.S.’ largest prime co...
CAE USA and Wyle Laboratories have received an indefinite-delivery/indefinite-quantity contract with a combined value of $275 million to train U.S. Air Force crews on flying various types of aircraft. The companies will develop initial, recurrent and instructor aircrew training for 43 types of aircraft, the Defense Department...
CAE (NYSE: CAE) has concluded its approximately $15 million purchase of the military aviation training business of Bombardier. The deal makes CAE the NATO Flying Training in Canada program’s new prime contractor and supports the company’s efforts to grow its live military pilot training services portfolio, CAE said Wednesday. Gene Colaba...
TYSONS CORNER, VA September 21, 2015 — ExecutiveBiz reported Friday on Raytheon (NYSE: RTN) looking to join Alenia Aermachi and CAE (NYSE: CAE) in their contract bid on a U.S. Air Force plan to replace the military branch’s T-38 training aircraft. Defense News said Friday the defense contra...
