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Stock Market & Financial Investment News

News Breaks
January 31, 2013
07:24 EDTCAECAE awaded contracts for seven FFSs, training devices, for over C$95M
CAE announced that it has sold seven full-flight simulators, or FFSs, and a series of training devices and simulator update services. These include the sale of two Airbus A320 FFSs and a Boeing 737 FFS to Shanghai Eastern Flight Training Center; an A320 to the Zhuhai Flight Training Centre; and a Boeing 737 FFS, an Airbus A320 FFS and a Boeing 787 FFS to undisclosed customers. The contracts are valued at more than C$95M at list prices and bring the total FFS sales that CAE has announced to date during FY13 to 30. Two of the FFS orders were signed in the third quarter ended December 31, 2012 and the remaining five in Q4.
News For CAE From The Last 14 Days
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January 26, 2015
11:02 EDTCAECAE to acquire Bombardier's Military Aviation Training business for C$19.8M
CAE (CAE)and Bombardier (BDRBF) announced that they have signed an agreement for CAE's acquisition of Bombardier's Military Aviation Training business for approximately C$19.8M. The closing of the transaction is conditional on usual conditions and regulatory approvals, and if those are obtained closing is expected to occur during 2015.

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