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Stock Market & Financial Investment News

News Breaks
July 8, 2014
06:04 EDTCAECAE awarded civil aviation training solutions contract valued at about C$120M
CAE announced that it has signed contracts for civil aviation training solutions including seven full-flight simulators, or FFSs, a series of training devices as well as simulator update services to customers in North America, Asia, the Middle East and Eurasia. The contracts are worth a total of approximately C$120M 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 sales bring to eleven the sales announced by CAE in 1Q15, which started April 1.
News For CAE From The Last 14 Days
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December 15, 2014
06:05 EDTCAECAE wins defence contracts valued over C$115M
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December 10, 2014
09:35 EDTCAECAE awarded contracts valued at more than C$100M
CAE announced that is has signed a series of civil aviation training solutions contracts worth more than C$100M with airlines and aircraft operators. These contracts include: the renewal of its training service outsourcing agreement with legacy carrier Iberia for ten more years; the renewal of long-term training services with Turkish Airlines; an ERJ170 training services agreement with Compass Airlines; the sale of a full-flight simulator to a customer in the United States; and the sale of a CAE Simfinity(TM)XR integrated procedure trainer to Aegean.

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