Latest News Mentioning CAE

TYSONS CORNER, VA July 27, 2015 — CAE (NYSE: CAE) has achieved Level D qualification for its A350 XWB full-flight simulator situated at the Airbus Training Center in Toulouse, ExecutiveBiz reported Thursday. Company officials said the U.S. Federal Aviation Administration rating, the highest level of qualification for FF...

Andy Jazwick, formerly corporate vice president of legislative affairs at Cubic Corp. (NYSE: CUB), has joined CAE as its first vice president of Washington operations for the company’s defense and security business unit. CAE said Thursday Jazwick will oversee business efforts the company sees as relevant to the greater ...

TYSONS CORNER, VA July 1, 2015 — Boeing (NYSE: BA) has chosen CAE to build hardware for four operational flight simulators to its P-8A Poseidon aircraft for the U.S. Navy and Australian air force, ExecutiveBiz reported Tuesday. According to Ray Duquette, president and general manager of CAE USA, the two OPTs for delivery to the...

TYSONS CORNER, VA June 18, 2015 — Executive Mosaic — Gene Colabatistto, CAE group president for defense and security, has indicated that the benefits of simulation training could be seen not just in the technical capabilities the trainee acquires from the practice but also in reduced equipm...

CAE‘s U.S. arm will provide initial and recurrent pilot training services to the U.S. Army and U.S. Air Force under a potential eight-year, $200 million contract from the Army. The company said Thursday it will train at least 600 fixed-wing pilots per year through the end of September 2023 at CAE’s fut...

TYSONS CORNER, VA May 13, 2015 — Executive Mosaic — ExecutiveBiz reported Tuesday on CAE lending its simulator technology to help airmen prepare for relief operations in earthquake-hit Nepal. ADS Advance Magazine reported Monday that military first responders from Australia and Britain used the open database archi...

CAE has been awarded approximately $175.6 million in contracts from U.S. and international defense customers during the fourth quarter of its 2015 fiscal year to provide flight simulation and training platforms. Those deals include the delivery of simulators for Lockheed Martin-built C–130J Super Hercules aircraft to the U.S. Air Force and Aus...

TYSONS CORNER, VA April 6, 2015 — Executive Mosaic — ExecutiveBiz reported Thursday on last week’s CAE (NYSE: CAE) delivery of a Seahawk flight simulator and load trainer system to the Royal Australian Navy. The MH-60R tactical operational flight trainer is one of two units under contract awarded...

Executive Mosaic, Tysons Corner, VA March 16, 2015 – Gene Colabatistto, who heads CAE‘s military simulation products division, has been inducted into Executive Mosaic’s Wash100 list of the most influential leaders in GovCon for his role in the group’s international contract wins...

CAE (NYSE: CAE) has announced financial results for the third quarter of its 2015 fiscal year ended Dec. 31, 2014. The Montreal-based aerospace and defense contractor said total revenue for the quarter grew 10.9 percent from the prior year period to $489.8 million and profit rose 11.1 percent year-over-year to $46.3 million. Revenue in C...