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Tag Archives: Gene Colabatistto

Gene Colabatistto: CAE to Bring Simulation Tech for Raytheon-Led Team’s T-X Program Bid

TYSONS CORNER, VA, February 24, 2016 — Raytheon (NYSE: RTN) has officially unveiled that its teaming arrangement with CAE (NYSE: CAE), Finmeccanica and Honeywell (NYSE: HON) will offer the T-100 trainer aircraft for the U.S. Air Force‘s T-X program, ExecutiveBiz reported Tuesday. Raytheon said Monday T-100 is based on the Aermacchi …

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Gene Colabatistto: CAE Targets Drone Pilot Training Market Amid AF Outsourcing Effort

TYSONS CORNER, VA, December 14, 2015 — CAE (NYSE: CAE) continues its work to capture new unmanned aircraft programs and expand its market presence in pilot training services, ExecutiveBiz reported Friday. National Defense Magazine reported Thursday that Gene Colabatistto, president of CAE’s defense and security group, said the company’s Predator pilot training program …

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CAE’s Gene Colabatistto: Training & Simulation Sector to See Increased Military Interest, Industry Activity

TYSONS CORNER, VA, December 1, 2015 — Gene Colabatistto, president of CAE‘s (NYSE: CAE) defense and security group, believes increased military interest in simulation technology and “portfolio shaping” of companies will drive the training and simulation industry, ExecutiveBiz reported Monday. Colabatistto told Defense News in an interview published Saturday that the military services …

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Gene Colabatistto a 2015 Inductee Into GWU’s Engineering Hall of Fame

TYSONS CORNER, VA, November 5,  2015 — Gene Colabatistto, group president for defense and security at CAE (NYSE: CAE), is a new inductee into the George Washington University Engineering Hall of Fame, GovCon Executive reported Wednesday. GWU’s School of Engineering and Applied Science listed Colabatistto among this year’s Hall of Fame class, which includes six other industry …

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Gene Colabatistto: CAE Secures New Work as Full-Service Training Systems Integrator

TYSONS CORNER, VA, October 9,  2015 — CAE (NYSE: CAE) has been awarded three new defense contracts worth a combined $77 million, which it will credit to the second quarter of its fiscal year, ExecutiveBiz reported Tuesday. CAE said the deals comprise one option year each for training services for …

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Weekly Roundup Sept 28 – Oct 2 2015: Frank Kendall’s Outlook on Defense Sector Consolidation & More

Weekly Roundup Sept 28 – Oct 2 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The military’s chief weapons buyer sought to throw cold water this week on the idea of consolidation among the U.S.’ largest prime contractors in a year that has …

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Gene Colabatistto: CAE Completes Buy of Bombardier Military Flight Training Business

CAE (NYSE: CAE) has concluded its approximately $15 million purchase of the military aviation training business of Bombardier. The deal makes CAE the NATO Flying Training in Canada program’s new prime contractor and supports the company’s efforts to grow its live military pilot training services portfolio, CAE said Wednesday. Gene …

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AF Expands CAE Role in UAS Training Program; Gene Colabatistto, Ray Duquette Comment

TYSONS CORNER, VA September 10, 2015 — CAE (NYSE: CAE) has announced three contract awards worth a combined $120 million, including an order of a C-130J simulator for Lockheed Martin (NYSE: LMT) and magnetic anomaly detectors for Japan, ExecutiveBiz reported Wednesday. The third is a contract modification that involves the provision of more …

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Andy Jazwick Named DC Operations VP for CAE Defense, Security Business; Gene Colabatistto Comments

Andy Jazwick, formerly corporate vice president of legislative affairs at Cubic Corp. (NYSE: CUB), has joined CAE as its first vice president of Washington operations for the company’s defense and security business unit. CAE said Thursday Jazwick will oversee business efforts the company sees as relevant to the greater Washington area, oversee …

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CAE Awarded Over $117.5 Million in Defense Contracts

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. Army. The contract was awarded …

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