CAE Inc.
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CAE Inc.

October 06, 2015 06:00 ET

CAE wins defence contracts valued at more than C$100 million

- KC-135 aircrew training services for U.S. Air Force

- T-44C aircrew training services for U.S. Navy

- Eurofighter maintenance and support services for German Air Force

MONTREAL, CANADA--(Marketwired - Oct. 6, 2015) - (NYSE:CAE)(TSX:CAE) - CAE today announced that it has won defence contracts, included as part of its second quarter order intake, valued at more than C$100 million to provide training services and simulation products for global military customers.

Some of the key contracts include the United States Air Force exercising another option year for CAE USA to continue providing comprehensive training services as part of the KC-135 Aircrew Training System (ATS) program; the United States Navy exercising another option year for CAE USA to continue providing T-44C aircrew training services; and a five-year contract to provide maintenance and support services on the German Air Force's Eurofighter training devices.

"The delivery of training services such as classroom and simulator instruction as well as upgrades and maintenance support is an important part of our strategy to be a full-service training systems integrator," said Gene Colabatistto, CAE's Group President, Defence & Security. "We are continuing to pursue a range of long-term training services contracts and expect the delivery of services to make up a growing percentage of our business portfolio as defence forces look to leverage the support and expertise of industry."

U.S. Air Force KC-135

The U.S. Air Force has exercised the option for the sixth year of aircrew training services provided by CAE USA as the prime contractor on the KC-135 Aircrew Training System (ATS) program. CAE USA will continue to provide classroom and simulator instruction as well as upgrades, maintenance, and support of all KC-135 aircrew training devices. CAE USA provides KC-135 aircrew training services at Altus Air Force Base, Oklahoma; Fairchild Air Force Base, Washington; Grissom Air Reserve Base, Indiana; Hickam Air Force Base, Hawaii; Kadena Air Base, Japan; MacDill Air Force Base, Florida; March Air Force Base, California; McConnell Air Force Base, Kansas; Mildenhall Air Base, United Kingdom; Milwaukee Air National Guard Base, Wisconsin; Pease Air Force Base, New Hampshire; Pittsburgh Air National Guard Base, Pennsylvania; Scott Air Force Base, Illinois; and Seymour-Johnson Air Force Base, North Carolina.

U.S. Navy T-44C

The U.S. Navy has exercised the option for the second full-year of comprehensive T-44C aircrew training services provided at Naval Air Station (NAS) Corpus Christi in Texas. CAE USA provides T-44C aircrew training services under a contractor-owned, contractor-operated training program. CAE is providing classroom and simulator training for more than 500 students annually to support the Navy's T-44C aircraft, which is used for multi-engine intermediate and advanced flight training.

German Air Force Eurofighter

CAE will continue providing a range of maintenance and in-service support services for the German Air Force's Eurofighter training devices as part of an industry team in Germany. CAE will have specific responsibility for maintaining the Eurofighter visual systems, including CAE Medallion-6000 image generators as well as projector and display systems. The maintenance and in-service support services will be performed on-site at Laage, Neuburg, Noervenich and Wittmund, which are the four Eurofighter main operating bases in Germany.

About CAE

CAE's Defence & Security business unit focuses on helping prepare our customers to develop and maintain the highest levels of mission readiness. We are a world-class training systems integrator offering a comprehensive portfolio of training centres, training services and simulation products across the air, land, sea and public safety market segments. We serve our global defence and security customers through regional operations in Canada; the United States/Latin America; Europe/Middle East/Africa; and Asia/Pacific, all of which leverage the full breadth of CAE's capabilities, technologies and solutions.

CAE is a global leader in the delivery of training for the civil aviation, defence and security, and healthcare markets. We design and integrate the industry's most comprehensive training solutions, anchored by the knowledge and expertise of our 8,000 employees, our world-leading simulation technologies and a track record of service and technology innovation spanning seven decades. Our global presence is the broadest in the industry, with 160 sites and training locations in 35 countries, including our joint venture operations, and the world's largest installed base of flight simulators. Each year, we train more than 120,000 civil and defence crewmembers, as well as thousands of healthcare professionals. www.cae.com

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Contact Information

  • CAE contacts:
    Helene V. Gagnon, Vice President,
    Public Affairs and Global Communications
    +1-514-340-5536
    helene.v.gagnon@cae.com

    Trade media:
    Chris Stellwag, Director,
    Marketing Communications - Defence and Security
    +1-813-887-1242
    chris.stellwag@cae.com

    Investor relations:
    Andrew Arnovitz, Vice President,
    Investor Relations and Strategy
    +1-514-734-5760
    andrew.arnovitz@cae.com