DAILY NEWS Dec 6, 2012 7:00 AM - 0 comments

CAE wins military contracts valued at more than $70-million

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2012-12-06

CAE Inc., Saint-Laurent QC, has won a series of military contracts valued at more than $70-million, including a contract from the United States Navy to develop two MH-60R tactical operational flight trainers (TOFTs) for the Royal Australian Navy under a foreign military sale program.

Additionally, contracts have been inked with the Australian Defence Force to provide King Air 350 simulator services, and a contract from the Royal New Zealand Air Force to provide C-130 training.

"CAE has a long history of providing the Australian Defence Forces with world-class flight simulators and training services, and we are pleased our MH-60R training systems will play a role in preparing the aircrews who will operate Australia's next-generation multi-role naval helicopter," says Gene Colabatistto, group president, military products, training and services, CAE. "Our strong position on programs that have long-service lives ahead of them, such as the MH-60R helicopter, will continue to drive opportunities for CAE's comprehensive portfolio of simulation-based products and services. In addition, our established presence in Asia and the Pacific will provide for growth opportunities as these regions become more important to defence customers worldwide."

The Commonwealth of Australia selected the U.S. Navy's MH-60R Seahawk helicopter as their new multi-role naval combat helicopter last year to fulfill the Australian Defence Force requirement. This is the first-ever procurement of the U.S. Navy's most advanced anti-submarine and anti-surface warfare helicopter outside the United States.

CAE is a global leader in modeling, simulation and training for civil aviation and defence. The company employs close to 8,000 people at more than 100 sites and training locations in approximately 30 countries.

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CAE Inc.



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