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Stock Market & Financial Investment News

News Breaks
May 8, 2014
06:13 EDTCAECAE awarded contracts valued at about C$60M for four FFSs
CAE announced that it has sold four full-flight simulators, or FFSs, to customers in Asia and Australasia. The contracts include the sale of one Boeing 747-8 simulator to Air China and three ATR-600 simulators: one to Air New Zealand, one to Garuda and one to an undisclosed customer. The contracts are worth a total of approximately C$60M at list prices. List prices include the value of OEM aircraft-specific data, parts and equipment, or DP&E, normally procured by CAE in the manufacture of its simulators. In the case of these contracts, some customers are providing part of the OEM content. These are the first four FFS sales announced by CAE to date for fiscal year 2015 which began in April.
News For CAE From The Last 14 Days
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November 14, 2014
06:11 EDTCAECAE awarded contracts valued at over C$120M for nine FFSs
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November 13, 2014
10:01 EDTCAEOn The Fly: Analyst Upgrade Summary
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07:03 EDTCAECAE upgraded to Buy from Hold at Canaccord
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