Tag: cae

RENK to Buy L3Harris’ Combat Propulsion Systems, Magnet-Motor Businesses; Florian Hofbauer QuotedM&A Activity

RENK to Buy L3Harris’ Combat Propulsion Systems, Magnet-Motor Businesses; Florian Hofbauer Quoted

RENK, a Germany-based maker of automatic transmissions and gear units for military vehicles, has agreed to acquire Combat Propulsion Systems
CAE Close to Sealing $1.05B Purchase Deal for L3Harris’ Military Training BusinessM&A Activity

CAE Close to Sealing $1.05B Purchase Deal for L3Harris’ Military Training Business

Canadian aerospace company CAE (NYSE: CAE) is close to finalizing a potential $1.05 billion deal to acquire the military training
CAE Lands $275M Recompete Award for USAF Tanker Crew Training Services4x24 Member Coverage

CAE Lands $275M Recompete Award for USAF Tanker Crew Training Services

CAE‘s (NYSE: CAE) U.S. subsidiary will continue to help the U.S. Air Force train pilots and boom operators of the
Peter Jungck: BAE Teams Up With CAE to Develop USMC Training PlatformPress Releases

Peter Jungck: BAE Teams Up With CAE to Develop USMC Training Platform

TYSONS CORNER, VA, December 29, 2020 — BAE Systems has tapped the U.S. mission solutions business arm of CAE to…
Daniel Gelston Named CAE Defense, Security Group PresidentExecutive Moves

Daniel Gelston Named CAE Defense, Security Group President

Daniel Gelston, a two-decade intelligence and defense industry leader, will begin serving as president of defense and security group at…
Todd Probert Joins CACI as National Security Sector HeadExecutive Moves

Todd Probert Joins CACI as National Security Sector Head

Todd Probert, a veteran GovCon industry leader, has joined CACI International (NYSE: CACI) as president of the company's national security…
Air Force Adds 18 Companies to $950M Battle Management System Dev’t IDIQ; Will Roper QuotedContract Awards

Air Force Adds 18 Companies to $950M Battle Management System Dev’t IDIQ; Will Roper Quoted

The U.S. Air Force has included 18 additional companies as awardees on a potential five-year, $950M contract to develop, test,…
Heidi Wood Named Interim Defense, Security Group President at CAEExecutive Moves

Heidi Wood Named Interim Defense, Security Group President at CAE

Heidi Wood, an aerospace and defense industry veteran, has been appointed acting president of defense and security group at CAE (NYSE: CAE). She…
CAE-Built Drone Operator Trainer Installed at General Atomics Training Center; Todd Probert QuotedPress Releases

CAE-Built Drone Operator Trainer Installed at General Atomics Training Center; Todd Probert Quoted

TYSONS CORNER, VA, April 14, 2020 — General Atomics has completed installation of a CAE-made (NYSE: CAE) training system for MQ-9…
Yasser Ibrahim Joins Axon as Artificial Intelligence SVPExecutive Moves

Yasser Ibrahim Joins Axon as Artificial Intelligence SVP

Yasser Ibrahim, former science and engineering leader at Amazon (Nasdaq: AMZN), assumed the role of senior vice president of artificial…