TYSONS CORNER, VA, February 24, 2016 ” Raytheon (NYSE: RTN) has officially unveiled that its teaming arrangement with CAE (NYSE: CAE), Finmeccanica and Honeywell (NYSE: HON) will offer the T-100 trainer aircraft for the U.S. Air Force‘s T-X program, ExecutiveBiz reported Tuesday. Raytheon said Monday T-100 is based on the Aermacchi M...
TYSONS CORNER, VA, February 22, 2016 ” Raytheon (NYSE: RTN) will likely hold the prime role in a teaming agreement with CAE (NYSE: CAE) and Alenia Aermacchi to pursue the U.S. Air Force‘s T-X pilot trainer contract, ExecutiveBiz reported Friday. Defense News reported Tuesday Raytheon will replace General Dynamics (NYSE...
CAE (NYSE: CAE) has agreed to acquire the commercial aviation training business of Lockheed Martin (NYSE: LMT) for an undisclosed sum with no timeframe given for the transaction’s projected closure. Montreal-based CAE said Monday said it seeks to expand its customer-installed base of commercial flight si...
TYSONS CORNER, VA, February 16, 2016 ” CAE (NYSE: CAE) will update and integrate the U.S. Air Force‘s KC-135 aircrew training platforms to the service branch™s Distributed Training Center Network, ExecutiveBiz reported Friday. The company said Thursday the contract covers updates to the Boeing-built (NYSE: BA...
Feb. 8 – Feb. 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Many reasons have been put forth as to why global financial markets continue to be in turmoil but this week showed there may be no end in sight to this period of volatility that has carried...
TYSONS CORNER, VA, February 11, 2016 ” CAE™s (NYSE: CAE) U.S. business unit will perform technology refresh on the U.S. Navy™s fleet of MH-60 Seahawk helicopters, ExecutiveBiz reported Wednesday. The company said Wednesday the upgrade work covers the simulator and training systems for the MH-60S Sierra and MH-60R R...
TYSONS CORNER, VA, February 10, 2016 ” A first batch of Canadian air force personnel has graduated from the CAE-developed (NYSE: CAE) training system for operating the Boeing-built (NYSE: BA) CH-147F Chinook helicopter, ExecutiveBiz reported Tuesday. CAE said Monday six first officers, two flight engineers and two loadmaster...
TYSONS CORNER, VA, February 3, 2016 ” CAE (NYSE: CAE) will provide full-flight simulators and aviation training services to several international customers under contracts worth an estimated $250 million combined, ExecutiveBiz reported Tuesday. The company said Monday it will supply nine simulators and other training equipment, delive...
TYSONS CORNER, VA, January 5, 2016 ” Ray Duquette, president and general manager of CAE‘s U.S. arm (NYSE: CAE), has said the company incorporates multiple networked simulators during military pilots and flight crews’ training and mission rehearsal, ExecutiveBiz reported Monday. The Tampa Tribune reported Saturday these simulato...
