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01:22 PM, October 18, 2016
CAE Wins Multiple US Training, Support Services Contracts
CAE Air Force Training Service

CAE has won more than a C$100 million worth defense contracts, including the one to continue KC-135 tanker aircrew training services for US air force.

Similarly, US Navy has exercised a contract option for CAE USA to continue providing T-44C aircrew training services, the company announced today.

According to another contract Rotorsim, a joint venture of Finmeccanica - AgustaWestland and CAE,  will provide long-term maintenance and support services on a variety of helicopter simulators. Likewise Insitu has won a contract to provide ScanEagle remotely piloted aircraft system (RPAS) instructors.

The KC-135 and T-44C aircrew training services are prime examples of long-term contracts that provide sources of recurring revenue for CAE.

"The contract to provide ScanEagle Remotely Piloted Aircraft System (RPAS) instructors for Insitu's training center is another win in the growing RPAS training market where CAE is already a leader," said Gene Colabatistto, CAE's Group President, Defence & Security. 

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