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Tag Archives: cae

CAE Names New Managing Director for UK Business

TYSONS CORNER, VA, Dec. 12, 2017 — CAE (NYSE: CAE) has appointed Andrew Naismith, managing director of its aircrew training services business, to take a leadership role over the company’s defense and security business operations in the U.K., GovCon Executive reported Monday. The company said Friday Naismith will continue to oversee the Medium …

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6 Companies Form Team to Pursue Canadian Surface Combatant Procurement Contract

TYSONS CORNER, VA, Nov. 30, 2017 — BAE Systems, CAE, L3 Technologies (NYSE: LLL), Lockheed Martin (NYSE: LMT), Maxar Technologies (NYSE: MAXR) and Ultra Electronics have teamed up in a bid to develop Canada’s future surface combatant vessels, ExecutiveBiz reported Wednesday. Lockheed said Tuesday the group called “Canada’s Combat Ship Team” has offered …

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CAE, Rockwell Collins to Build Integrated LVC Training Systems; Gene Colabatistto Comments

TYSONS CORNER, VA, Nov. 29, 2017 — CAE has entered into a partnership with Rockwell Collins (NYSE: COL) to develop network-connected live, virtual and constructive training platforms in support of client readiness and requirements, ExecutiveBiz reported Tuesday. “Integrated live, virtual, constructive training is becoming more critical as defense forces look to …

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GovConIndex Ends the Week Down While Major Indices Close Mixed

GovCon Wire is changing its coverage of the GovCon Index and major indices. GovCon Wire will now be providing weekly performance analysis instead of the daily for the GovCon Index, S&P 500, Dow Jones Industrial Average and NASDAQ Composite. In reviewing the past weeks market performance the Executive Mosaic GovCon Index (GCI) …

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Gene Colabatistto: CAE’s UAV Training Systems Integrator Deal With UAE to Drive New Business Model

TYSONS CORNER, VA, Nov. 16, 2017 — CAE will roll out an unmanned aerial vehicle training system to the United Arab Emirates as the country’s selected training systems integrator, ExecutiveBiz reported Tuesday. Aviation Week reported Monday that Gene Colabatistto, president of CAE’s defense and security group, noted that the company’s role of systems integrator …

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CAE to Launch Pilot Training Center in Saudi Arabia

TYSONS CORNER, VA, Nov. 15, 2017 — CAE plans to open a flight training facility at the King Fahad International Airport in Saudi Arabia through a partnership with the Saudi National Company of Aviation, ExecutiveBiz reported Tuesday. The SNCA-funded CAE Authorized Training Center in Dammam will offer commercial pilot license curriculum and courseware, safety and …

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Serco to Continue Facility Mgmt, Training Support for CAE at UK Helicopter Simulation Facility

TYSONS CORNER, VA, Nov. 2, 2017 — Serco will continue to provide facility management and pilot training support at CAE‘s Medium Support Helicopter Aircrew Training Facility in the U.K. under an estimated $34.5 million contract extension, ExecutiveBiz reported Wednesday. The award extends the Serco-CAE partnership at the simulated training facility located at the …

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CAE Leases Space at BAE Systems Flight Training Facility in Australia

TYSONS CORNER, VA, Nov. 1, 2017 — BAE Systems and CAE have entered into an agreement for the latter to lease space at BAE’s flight training center in New South Wales, Australia, ExecutiveBiz reported Tuesday. CAE’s Oxford Aviation Training Academy will use the facility to host the training of commercial …

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CAE to Continue Aircrew Training Support for UK Air Force, Navy

TYSONS CORNER, VA, Oct. 30, 2017 — CAE will continue its aircrew training support for the U.K. military at the company’s Medium Support Helicopter Aircrew Training Facility under an eight-year contract modification, ExecutiveBiz reported Friday. The company said Oct. 23 that it entered into an agreement with the U.K. defense ministry for …

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October 30th Morning Report: GovCon Index Down For The Week, Stock Market Up

The Executive Mosaic GovCon Index (GCI) closed Friday down 1.62 points or 1.47 percent from Monday’s open, settling at 108.162. McKesson Corp. was down 5.52 percent for the day at Friday’s close. The three major indices all advanced Friday with the S&P500 and NASDAQ Composite reaching new highs. The S&P500 closed up 0.81 …

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