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CAE Gets Extension on R&D Contract With Quebec Provincial Government


CAETYSONS CORNER, VA, June 27, 2016 ” CAE and its provincial government partner in Quebec have extended an approximately $149 million agreement to research and develop simulation and training systems for healthcare through 2020, ExecutiveBiz reported Friday.

The company said Thursday its office in Quebec has 3, 100 personnel and the 2009 financial contribution from Quebec has been adjusted to $54 million.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

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David Smith
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