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News Breaks
July 2, 2014
06:08 EDTCAECAE wins defence contracts valued at C$110M
CAE announced that it has won a series of contracts valued at approximately C$110M to provide a range of training systems and services for global defence customers. These include contracts to provide the T-6C ground-based training system and services for the Royal New Zealand Air Force, a contract to upgrade the visual systems on the German Air Force's Eurofighter simulators, a contract from Korea Aerospace Industries to provide the visual system for a T-50IQ full-mission simulator, and a contract to provide a KC-135 boom operator weapon systems trainer for an undisclosed international customer.
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August 18, 2014
08:13 EDTCAECAE awarded contract to provide USAF with Aeromedical Evacuation Training System
CAE announced it has been awarded a contract through ADS Inc. and the Defense Logistics Agency, or DLA, Tailored Logistics Support, or TLS, program to provide the United States Air Force Reserve Command, or AFRC, at Dobbins Air Force Base with a comprehensive Aeromedical Evacuation Training System. The Aeromedical Evacuation Training System, which can be developed for a range of air mobility aircraft platforms, will provide AFRC with a realistic training environment that will be used to prepare aeromedical evacuation crews for pre-flight and emergency procedures as well as in-flight patient care. CAE will provide a high-fidelity C-130 fuselage trainer that is configured for aeromedical evacuation missions. Within the C-130 fuselage trainer will be CAE Healthcare iStan human patient simulators, which feature internal robotics that mimic human cardiovascular, respiratory and neurological systems. When iStan bleeds, his blood pressure, heart rate and other clinical signs change automatically, and he responds to treatment with minimal input from an instructor. The overall Aeromedical Evacuation Training System provided by CAE will include courseware and curriculum, as well as a hand-held, wireless tablet instructor operator station to provide full control and customization of a variety of training scenarios.
August 13, 2014
08:28 EDTCAECAE increases quarterly dividend from 6c to 7c
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08:27 EDTCAECAE reports Q1 EPS from cont. ops. 17c, consensus 19c
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