Montreal-based CAE lands $300M in new defence, commercial aviation work
Company sells 12 full-flight simulators, including one for Bombardier's new CSeries jet, among other deals
MONTREAL—Flight simulator and defence training firm CAE Inc. has disclosed range of new contracts, including the sale of 12 full-flight simulators, worth $300 million.
The Montreal-based company said Oct. 18 the deals include approximately $200 million in commercial aviation work and $100 million in defence industry training contracts.
Among the aviation deals is the sale of six full-flight simulators for Airbus’ A320, a flight simulator for Bombardier’s new CSeries jet and five other simulators for various aircraft. The company has now sold 21 full-flight simulators in the first half of its fiscal 2017. CAE’s airline industry agreements also include a pair of pilot training contracts.
Meanwhile, the company’s Defence & Security division disclosed a deal with the U.S. Air Force for KC-135 tanker aircrew training services, a T-44C aircrew training agreement with the U.S. Navy, along with several others.