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Raymond Duquette, formerly CAE‘s vice president of global business development and sales, has been appointed president and general manager of CAE USA, a subsidiary of the Montreal-based aerospace technology manufacturer. The retired U.S. Marine Corps colonel succeeds John Lenyo, who led CAE USA over the past 12 years as president and GM, the...
CAE (NYSE: CAE) has won three contract awards worth $95 million combined to support military customers in the U.S. and 14 other countries. The deals involve work in areas such as the production of aircraft components, technical training and product sales, CAE said Thursday. AgustaWestland, Coptersafety and Havelsan will work with CAE on the projects...
CAE (NYSE: CAE) won approximately $128 million in contracts during the last month of its 2013 fiscal year from U.S. and international military customers for trainer products and related services. One of those wins came via an option from Lockheed Martin (NYSE: LMT), where CAE will design and build a weapon systems trainer for the U.S....
CAE has won approximately $87.7 million in contracts to provide training support services, update flight trainers and help maintain military flight simulation equipment for military customers. The modeling and simulation company won the contracts during the first two months of the fourth quarter for its 2013 fiscal year, the company said Thursday. U...
Denmark plans to buy nine helicopters from the U.S. Navy in a $686 million foreign military sales agreement, the Navy announced Thursday. The team of contractors supporting the sale of the MH-60R Seahawk includes mission systems integrator Lockheed Martin (NYSE: RTN), sensor supplier Raytheon (NYSE: LMT) and training supplier CAE. Lockheed is also a...
