00:19:45 EDT Tue 21 May 2024
Enter Symbol
or Name
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CA



CAE Inc
Symbol CAE
Shares Issued 318,135,978
Close 2023-08-23 C$ 31.92
Market Cap C$ 10,154,900,418
Recent Sedar Documents

CAE to build Bombardier flight simulator in Alabama

2023-08-23 10:34 ET - News Release

Mr. Daniel Gelston reports

CAE SUPPORTS U.S. ARMY HIGH ACCURACY DETECTION AND EXPLOITATION SYSTEM

CAE Inc.'s CAE Defense & Security has been awarded a contract from Leidos on the United States Department of Defense's Sentinel task order for a dedicated full-flight simulator (FFS) in the Bombardier Global 6000/6500 configuration at the Dothan Training Center to support the High Accuracy Detection and Exploitation System (HADES).

Under the terms of the contract, CAE will build and deliver a 7000XR FFS to support the U.S. Army G-2 Intelligence Surveillance and Reconnaissance (ISR) Task Force and the Intelligence and Security Command (INSCOM) requirements of providing timely, relevant and accurate intelligence to tactical, operational and strategic commanders.

The Bombardier Global 6000/6500 aircraft was selected as the new manned aerial intelligence, surveillance and reconnaissance platform to meet current and emerging requirements. The platform supports the critical needs of speed, range, endurance-at-range and altitude to overcome the physical challenges without sacrificing the unique quality and capability of collection that airborne ISR provides.

"As Bombardier's Global 6500 authorized training provider, CAE is uniquely positioned to provide the U.S. Army with a turnkey Global 6000/6500 solution to meet their training requirements," said Daniel Gelston, president, CAE Defense & Security. "We look forward to supporting HADES and the advancement of this next-generation airborne ISR system."

CAE is pleased to continue its support of military modernization through its advanced technology and training solutions.

About CAE Inc.

CAE equips people in critical roles with the expertise and solutions to create a safer world. As a technology company, CAE digitalizes the physical world, deploying software-based simulation training and critical-operations support solutions. Above all else, CAE empowers pilots, cabin crew, airlines, defence and security forces, and health care practitioners to perform at their best every day and when the stakes are the highest. Around the globe, CAE is everywhere customers need it to be, with more than 13,000 employees in approximately 250 sites and training locations in over 40 countries. CAE represents more than 75 years of industry firsts -- the highest-fidelity flight, mission and medical simulators, and training programs powered by digital technologies. CAE embeds sustainability in everything it does. Today and tomorrow, CAE makes sure its customers are ready for the moments that matter.

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