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CAE (NYSE: CAE) has agreed to buy the military aviation training business of Bombardier for approximately $15.9 million in an effort to further help defense customers train future airmen. The Bombardier unit works with the Royal Canadian Air Force and allied forces as a prime contractor in the NATO Flying Training in Canada program, CAE ...

CAE Inc. (NYSE: CAE) has booked more than $99 million during its fiscal year 2015 third quarter to provide simulation training, upgrades, professional and support services to clients in Europe and in New Zealand. Airbus awarded CAE a contract to build a C295 full-flight simulator for the Polish Air For...

CAE has announced financial results for the second quarter of the company’s 2015 fiscal year ended Sept. 30, 2014. Based on U.S. currency figures, revenue for the Montreal-based aerospace and defense technology company rose 10.7 percent from the prior year quarter to $468.4 million and profit increased 12.1 ...

CAE (NYSE: CAE) has won $103.8 million in contracts from three branches of the U.S. and Canadian armed forces to provide training systems and other related services. The company said Tuesday the contracts include aircrew training work for the U.S. Air Force, design and manufacture of a flight training device for the U.S. Army and a...

CAE Healthcare Inc. (NYSE: CAE) has won a $28.5 million contract from the Defense Logistics Agency to deliver medical simulation products and accessories to U.S. military service branches. The fixed-price contract contains a five-year base period of performance, the Defense Department said ...

CAE (NYSE: CAE) has been awarded a contract of an undisclosed amount to update NATO’s flight training equipment at an alliance airbase in Germany. The company will refresh an E-3A flight deck simulator and flight training device at NATO Airbase Geilenkirchen in order to align that work with updat...

CAE (NYSE: CAE) has been selected to develop an unmanned aerial system trainer that works to simulate General Atomics-built unmanned aircraft for Italy’s air force. Pilots and sensor operators of the General Atomics-built Predator will use the CAE UAS mission trainer during initial and mission training, CAE said Tuesday. “CAE has a lon...

CAE (NYSE: CAE) won approximately $102 million in contract awards during the third quarter of its 2014 fiscal year, covering flight simulation technology and related services to U.S. and international defense customers. Those deaks include a potential $30 million contract to support the U.S. Navy‘s T44-C pilot training program, CAE said Wednes...

CAE Inc. has won more than $93.8 million in combined simulation and training services orders from customers including the Brunei Ministry of Home Affairs and the U.S. Air Force. Under the orders, CAE will develop training courses and simulation software technologies for Brunei and help the Air Force upgrade C-130 simulators under a 10-year contract...