Recent events
Recent events tied to this brand in public sources.
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2021
CAE completes acquisition of L3Harris Military Training business
CAE completed its acquisition of L3Harris Technologies' Military Training business for US$1.05 billion after receiving regulatory approvals and meeting the other closing conditions. The business will operate under CAE USA.
2021
CAE receives approvals for L3Harris Military Training acquisition
CAE said it had received all required regulatory approvals for its acquisition of L3Harris Technologies’ Military Training business. The article said closing was expected to be complete on July 2, 2021.
2021
CAE launches Global Inspection Services
CAE launched Global Inspection Services, an internal research, inspection and due-diligence team providing on-site inspection support globally; the service was introduced in the United States, Europe and Asia.
2021
CAE acquires RosterBuster app provider RB Group
CAE announced the addition of RosterBuster crew app provider RB Group to its portfolio through an acquisition.
2021
CAE launches Next Step assessment platform
Council for Aid to Education (CAE) announced the launch of Next Step, a platform for delivering and analyzing assessments.
2021
CAE prices public share offering
CAE announced pricing for an underwritten public offering of 9,090,909 common shares at US$27.50 per share, for gross proceeds of US$250 million. It said it intended to use the net proceeds to finance part of the purchase price and related costs of its previously announced acquisition of L3Harris Technologies' Military Training business.
2021
CGI and CAE renew ten-year services contract
CGI announced that it had signed a renewed ten-year contract with CAE for application development, operations and support services. The agreement adds services, including support for implementing and deploying Oracle ERP Cloud.
2021
CAE and The LOSA Collaborative announce training partnership
CAE announced an exclusive service agreement with The LOSA Collaborative, which will conduct line operations safety audits of CAE customer-operators. The audit insights and data, combined with CAE’s training data, are intended to support tailored pilot training programs and operational and training performance insights.
2020
CAE acquires Merlot Aero
CAE Inc. says it has acquired Merlot Aero Ltd., a flight crew management software company, in a deal worth at least US$25 million, with up to an additional US$10 million in an earn-out.
2020
CAE launches financing initiative for aspiring pilots
CAE announced the launch of a financing initiative connecting aspiring pilots with banking partners that offer financing solutions for pilot training.
2020
CAE appoints Daniel Gelston to lead Defence & Security
CAE announced that Daniel Gelston would become group president of its Defence & Security business unit, effective August 24, 2020.
2020
CAE Air1 ventilator receives Health Canada certification
CAE said its new medical ventilator had received certification from Health Canada.
2020
Saab announces partners for its Gripen E campaign in Canada
Saab announced a team of partners for its Gripen E campaign for Canada's requirement for 88 new fighters. The announced team comprises IMP Aerospace & Defence, CAE, Peraton Canada, and GE Aviation.