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CAE announced Tuesday that it was awarded three defense contracts, totalling over C$150 million ($117.5 million USD). The first contract was to develop an MH-60R maintenance and rear-crew trainers for Royal Australian Navy. The second contract was  provide two UH-72A Lakota flight training devices (FTD) for U.S. A...

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 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...

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 (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 (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...