Tag Archives: CAE

CAE USA Buys Training & Staffing Firm AOCE Via New Mission Solutions Subsidiary

TYSONS CORNER, VA, August 3, 2018 — The U.S. operations of Canadian firm CAE (NYSE: CAE) has completed its $29 million acquisition of Alpha-Omega Change Engineering as it aims to expand its training systems integration capabilities and build on opportunities in U.S. security programs, GovCon … Continue reading

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CAE Records Approx $138M in Q1 FY 2018 Defense Contracts; Gene Colabatistto Comments

TYSONS CORNER, VA, July 20, 2017 — CAE (NYSE: CAE) received contracts worth an estimated $138.5 million combined in the first quarter of its 2018 fiscal year for aircraft simulation products, training services and in-service support, GovCon Wire reported Tuesday. “These orders … Continue reading

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Germany Eyes Potential $966M Buy of 6 Lockheed-Built C-130J Aircraft

TYSONS CORNER, VA, March 21, 2017 — Lockheed Martin (NYSE: LMT) could soon provide six C-130J Super Hercules aircraft to Germany under a potential $966 million foreign military sales deal in line with a joint operating agreement with France, GovCon Wire reported Monday. Reuters … Continue reading

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CAE Names VPs to Head APAC, EMEA Defense & Security Ops; Gene Colabatistto Comments

TYSONS CORNER, VA, Feb. 23, 2017 — CAE (NYSE: CAE) has appointed executives Ian Bell and Marc-Olivier Sabourin to head the company’s defense and security operations in various regions around the world, GovCon Wire reported Friday. The company said Feb. … Continue reading

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CAE Secures Army, Canadian AF Training Services Contracts Worth $760M; Gene Colabatistto Comments

TYSONS CORNER, VA, Jan. 13, 2017 — CAE (NYSE: CAE) has secured two long-term training services contracts worth $760 million in total from the U.S. Army and the Canadian air force, GovCon Wire reported Thursday. The company said Thursday it will provide … Continue reading

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Navy Picks 9 Companies for $1.75B Training Systems Support Contract

TYSONS CORNER, VA, July 27, 2016 — The U.S. Navy has selected nine companies to provide training systems support services to the Navy, U.S. Marine Corps and foreign military customers under a potential $1.75 billion contract, GovCon Wire reported Tuesday. … Continue reading

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CAE Lands $133M in Contracts From Lockheed, Boeing, Int’l Customers; Gene Colabatistto Comments

TYSONS CORNER, VA, April 7, 2016 — CAE (NYSE: CAE) has received $132.8 million in subcontracts from U.S. companies and contracts from international customers to provide its flight simulation and pilot training systems, GovCon Wire reported Wednesday. Lockheed Martin (NYSE: LMT) has … Continue reading

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CAE to Provide Technical Support for Kuwait’s KC-130J Training Program

TYSONS CORNER, VA, November 19, 2015 — CAE will provide technical services to Kuwait in support of the country’s training program on the KC-130J weapon system under a $30 million foreign military sale contract, GovCon Wire reported Wednesday. The Defense Department said Monday the … Continue reading

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CAE Concludes Acquisition of Bombardier Unit; Gene Colabatistto Comments

TYSONS CORNER, VA, October 5, 2015 — CAE has secured the regulatory approval and other requirements needed to finalize its $15 million acquisition of Bombardier‘s military aviation training business, GovCon Wire reported Friday. CAE said Thursday the transaction’s close makes CAE the prime … Continue reading

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25 Companies Win Spots on Air Force TSA III IDIQ

TYSONS CORNER, VA August 13, 2015 — Twenty-five companies have been awarded spots on a $20.9 billion contract to provide training systems support for the U.S. Air Force, GovCon Wire reported Wednesday. The Defense Department said the ordering period for … Continue reading

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