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Stock Market & Financial Investment News

News Breaks
May 20, 2014
09:41 EDTCAECAE upgraded to Buy from Hold at Desjardins (pre-open)
Desjardins upgraded CAE citing solid Q4 results and outlook.
News For CAE From The Last 14 Days
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February 1, 2016
10:24 EDTCAECAE announces aviation training contracts valued at more than C$350M
CAE underscores its position as training partner of choice with the announcement of a series of contracts, including the sale of 9 full-flight simulators to airlines globally, as well as commercial and business aviation training programs with more than 10 operators. These agreements, valued at more than C$350M , cover a broad range of CAE's training equipment and programs, from commercial cadet to captain training, to business aviation pilot training, to training centre operations and post-delivery services. Approximately half the value of these contracts was booked in CAE's third quarter and the balance in the beginning of the fourth quarter of fiscal year 2016. The 9 full-flight simulators sales bring the total number of FFS sales announced to date in fiscal 2016 to 39. CAE expects to exceed its prior FFS sales outlook for the fiscal year. The FFSs are at list prices, which include the value of OEM aircraft-specific data, parts and equipment. In the case of these contracts, some customers are providing part of the OEM content.

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