Tag Archives: CAE

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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Andy Jazwick Joins CAE as DC Operations VP for Defense and Security

TYSONS CORNER, VA July 13, 2015 — CAE has announced Andy Jazwick as its new Washington operations vice president for the company’s defense and security business unit, GovCon Wire reported Friday. Jazwick brings more than three decades of experience in … Continue reading

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