Tag Archives: cae

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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October 27th Market Close: GovConIndex Closes Down as S&P500 and NASDAQ Composite Set New Highs

The Executive Mosaic GovCon Index (GCI) continued to drop for the fifth consecutive day to close at 108.162 off 0.03 percent with the McKesson Corp. down 5.52 percent on the day. Advancing shares outpaced declining 2 to 1. The three major indices all advanced for the day with the S&P500 and NASDAQ Composite …

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UK Gov’t Invests Over $100M in CAE-Operated Pilot Training Simulation Center

TYSONS CORNER, VA, Oct. 27, 2017 — A CAE-operated helicopter simulation facility in England has received an estimated $118.8 million investment from the U.K. defense ministry to advance training capabilities for the country’s future naval and air force pilots, ExecutiveBiz reported Thursday. The U.K. government said Tuesday the funds will support training programs …

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October 26th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed down for the fourth consecutive day losing 1.307 points from Monday. The GCI ended the day at 108.321 off 0.782 percent with declining shares outpacing advancing 19 to 11. The three major indices closed mixed on the day as the House approved the new proposed budget …

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October 19th Market Close: GovConIndex Closes Up and Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) reversed its three consecutive days of decline to close up 0.150 percent to settle at 108.840. Advancing shares outpaced declining 18 to 12. The three major indices closed mixed for the day with the S&P500 and DJIA climbing to new highs. The S&P500 closed up 0.03 percent …

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