Hello, Guest!
  • Sunday, December 22, 2024

CAE to Develop 3D Geospatial Data Management Platform for NGA; Dan Gelston Quoted

CAE USA (NYSE: CAE) has received a potential $37 million contract to develop a system for the National Geospatial-Intelligence Agency to access, process and distribute three-dimensional geospatial information.

The company said it will lead the development and integration of a prototype for the Training and Readiness Accelerator-managed Beyond 3D effort with the goal to help NGA personnel analyze data in real time.

“Digital technologies, big data architectures, machine learning and artificial intelligence are all coming together to transform how agencies like NGA can support planning, preparation and operations,” said Dan Gelston, president of CAE’s defense and security group.

Gelston added that the project is an example of how the company will apply simulation and modeling experience to support multidomain missions.

Army Contracting Command-Orlando issued the contract.

Video of the Day

Related Articles

Srini Dixit Appointed CAE Defense & Security CFO Executive Moves

Srini Dixit Appointed CAE Defense & Security CFO

Srini Dixit was named chief financial officer of CAE‘s defense and security business, joining the Arlington, Texas-located aviation services company from RTX‘s (NYSE: RTX) Raytheon subsidiary where he previously worked as vice president and CFO of its air power strategic business unit. He announced his appointment to the CAE Defense & Security executive leadership team

Boeing to Produce 17 P-8A Poseidon Aircraft Under $3.4B Navy Contract Contract Awards

Boeing to Produce 17 P-8A Poseidon Aircraft Under $3.4B Navy Contract

Boeing (NYSE: BA) has received a potential $3.4 billion contract from the U.S. Navy to produce 17 P-8A Poseidon aircraft for Canada and Germany. The company said Thursday it will manufacture 14 Poseidon planes for Canada’s air force and three units for the German navy. “The Poseidon is a proven aircraft, with more than 600,000

CAE Divests Health Care Business to Focus on Core Markets M&A Activity

CAE Divests Health Care Business to Focus on Core Markets

CAE (NYSE: CAE) has sold its health care business unit to Madison Industries for approximately $230.2 million as part of efforts to advance its focus on the training, simulation and aviation software markets. The Canadian aerospace and defense company said Friday the transaction initially announced in October 2023 is subject to customary adjustments and proceeds