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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.
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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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