Hello, Guest!
  • Friday, November 22, 2024

CAE Germany Rated at CMMI Maturity Level 3 for Development; Gene Colabatistto Quoted


Gene Colabatistto

TYSONS CORNER, VA, September 4, 2018 ” CAE‘s business operations in Germany has been appraised at maturity level 3 under the CMMI Institute’s Capability Maturity Model Integration process improvement framework, ExecutiveBiz reported Aug. 23.

The company said Aug. 22 Stolberg-based CAE Elektronik secured the CMMI Level 3 rating for development following an independent review of its standard processes.

Gene Colabatistto, president of CAE’s defense and security group and a past Wash100 awardee, said the appraisal serves to drive the company’s work as a training systems integrator.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

Contact:
Jason Scott
(703) 226-7003
[email protected]

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