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...
Cobham Advanced Electronic Solutions has unveiled a new logo and shortened its name to CAES, demonstrating its transformation into an agile, customer-centric organization focused on meeting customer requirements in the aerospace and defense sectors, GovCon Wire has learned. Mike Kahn, president and CEO of CAES and an inductee into Executive Mosaic&#...
CAE‘s (NYSE: CAE) U.S. subsidiary will continue to help the U.S. Air Force train pilots and boom operators of the KC-135 Stratotanker aircraft under a potential eight-year, $275M contract. CAE USA will provide simulation and classroom training services to more than 4.5K military tanker crewmembers each year, update trainer equipment and suppor...
TYSONS CORNER, VA, December 29, 2020 — BAE Systems has tapped the U.S. mission solutions business arm of CAE to assist in prototyping a training environment for the U.S. Marine Corps by working on the cloud modeling and simulation phase of the program, ExecutiveBiz reported Dec. 17....
CAE's U.S. subsidiary will move to train U.S. Army aircrew after the company received authorization to proceed with work on the service branch's potential seven-year, $90M Advanced Helicopter Flight Training Support contract....
The Defense Innovation Unit has awarded CAE's (NYSE: CAE) U.S. subsidiary a contract to help the U.S. Air Force integrate and install a cloud-based learning management system as part of an initiative to simplify the branch's approach to train new airmen....
Daniel Gelston, a two-decade intelligence and defense industry leader, will begin serving as president of defense and security group at CAE (NYSE: CAE) on Aug. 24....
Heidi Wood, an aerospace and defense industry veteran, has been appointed acting president of defense and security group at CAE (NYSE: CAE). She will replace Todd Probert, who will step down on June 26 from his role to join the U.S. national security community, CAE said Tuesday....
CAE USA (NYSE: CAE) has been awarded an $89.7M contract from the U.S. Army to provide helicopter training support at Fort Rucker in Alabama, according to an award notice posted Monday....
TYSONS CORNER, VA, April 14, 2020 — General Atomics has completed installation of a CAE-made (NYSE: CAE) training system for MQ-9 remotely piloted aircraft operators, ExecutiveBiz reported April 2....
