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Tag Archives: cae

Rekha Ranganathan Named President of CAE’s Health Care Arm

Rekha Ranganathan, a more than 20-year health care and technology industry veteran, has been named president of CAE’s (NYSE: CAE) health care business. Ranganathan succeeds Robert Amyot, who will continue to serve in an advisory role to facilitate the transition, CAE said Monday. Marc Parent, president and CEO of CAE, …

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Executive Mosaic Launching 2019 GovConIndex, Names 30 Basket Stocks to Track Industry

Executive Mosaic has named a basket of 30 publicly traded GovCon firms that will make up this year’s GovConIndex. The index, scheduled to relaunch on March 4th, is an amalgam of GovCon stocks representing a cross-industry analysis of the overall performance of the GovCon sector. Stock prices are listed in …

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CAE Trainer for General Atomics’ Predator B Gets Italian Air Force Clearance; Gene Colabatistto Quoted

TYSONS CORNER, VA, February 12, 2019 — A CAE-built (NYSE: CAE) flight simulation platform for General Atomics‘ Predator B/MQ-9 Reaper remotely piloted aircraft has received approval from Italy’s air armaments and airworthiness directorate for use at Amendola Air Base, ExecutiveBiz reported Wednesday. CAE said Feb. 5 its Predator Mission Trainer has been qualified …

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CAE to Supply Training System for General Atomics-Built UK Protector RPA; Gene Colabatistto Quoted

TYSONS CORNER, VA, February 1, 2019 — CAE (NYSE: CAE) will work with General Atomics on a project to provide the U.K. air force a platform designed to train Protector RG Mk1 remotely piloted aircraft operators, ExecutiveBiz reported Jan. 24. General Atomics Aeronautical Systems Inc. awarded a contract to CAE to build a …

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CAE Intros Cloud-Based Training System With Data-Driven Pilot Assessment; Gene Colabatistto Quoted

TYSONS CORNER, VA, December 11, 2018 — CAE (NYSE: CAE) has developed a big data analytics-powered training system built on Microsoft‘s (Nasdaq: MSFT) Azure Government cloud that will work to deliver real-time assessments of pilot competencies, ExecutiveBiz reported Nov. 27. The CAE Rise platform, which is available to the defense market, …

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CAE Unveils 360-Degree Virtual Platform for Fighter Pilot Training; Gene Colabatistto Quoted

TYSONS CORNER, VA, November 20, 2018 — CAE (NYSE: CAE) has developed a simulation platform that works to train the pilots of military fighter and fast jets on formation, low-level flight, air-to-air refueling and target identification operations, ExecutiveBiz reported Oct. 23. The company said Oct. 23 the CAE Medallion MR e-Series Visual …

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CAE Germany Rated at CMMI Maturity Level 3 for Development; Gene Colabatistto Quoted

TYSONS CORNER, VA, September 4, 2018 — CAE‘s business operations in Germany has been appraised at maturity level 3 under the CMMI Institute’s Capability Maturity Model Integration process improvement framework, ExecutiveBiz reported Aug. 23. The company said Aug. 22 Stolberg-based CAE Elektronik secured the CMMI Level 3 rating for development following an independent review …

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CAE Names New Chairman, Independent Director

TYSONS CORNER, VA, August 16, 2018 — CAE has named John Manley, a former deputy prime minister of Canada and current president and CEO of the Business Council of Canada, as chairman of the board of directors, ExecutiveBiz reported Wednesday. The company said Tuesday Manley, who has served as an independent director …

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CAE Eyes Training Systems Integration Capability Expansion With AOCE Buy; Ray Duquette Comments

CAE’s (NYSE: CAE) U.S. arm has purchased Alpha-Omega Change Engineering for about $29 million as part of efforts to expand work in U.S. security programs and build up its capabilities in training systems integration. “AOCE brings existing contracts as well as past performance in unmanned systems, aircrew training and courseware …

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Navy Picks 22 Firms for $980M Training System Design, Production IDIQ

The U.S. Navy has awarded 22 companies spots on a potential five-year, $980 million contract to design, build and manufacture training systems and related devices. The service received 40 proposals for the firm-fixed-price, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract that will run through November 2023, the Defense Department said Friday. The contractors will …

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