CAE Inc T.CAE

Alternate Symbol(s): CAE

Industrials Aerospace & Defense

CAE Inc. is a technology company. It operates in two segments: Civil Aviation and Defense and Security. The Civil Aviation training segment provides comprehensive training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training and crew sourcing services, as well as aircraft flight operations solutions. It manages approximately 324 full-flight simulators. Its training systems includes CAE Real-time Insights and Standardized Evaluations (CAE Rise), which improves training through the integration of untapped flight and simulator data-driven insights into training. The Defense and Security segment provides platform-independent training and simulation solutions, preparing global defense and security forces for the mission ahead. In addition to solutions delivered to customer sites, it provides comprehensive training at its CAE global training centers.

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CAE Inc

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Post by 12oclockHIGHon Jan 26, 2007 8:56am

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Post# 12097180

CAE awarded contracts...

The Globe and Mail January 26 2007 CAE awarded contracts for five flight simulators CAE Inc. has signed contracts worth $75-million to supply five full-flight simulators to three airlines, including Shanghai Eastern Flight Training Co., the company said yesterday. Shanghai Eastern, the training subsidiary for China Eastern Airlines, has ordered an Airbus A320 simulator, the fourth one it has ordered from CAE. Another airline has ordered a Boeing 737-800 simulator and an Airbus A330/340 simulator, and a third airline has ordered two Boeing 777 simulators, CAE said. All three airlines have also ordered additional suites of training devices. The orders brings to 29 the total number of full-flight simulator sales that CAE has announced in the 2007 financial year. CAE (TSX) fell 11 cents to $11.36. CP

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