DTN News - DEFENSE NEWS: CAE Signs $200 Million In Military Contracts
(NSI News Source Info) TORONTO, Canada - October 15, 2012: Aerospace trainer and simulator-maker CAE has signed military contracts worth about $200 million, the company announced on Monday.
A U.S. Navy contract will see the Montreal-based company design and build a C-130J Super Hercules simulator for the Kuwait Air Force. The simulator will be delivered in 2015.
CAE will continue to provide training, maintenance and support for the KC-135 Stratotanker for the U.S. air force.
CAE has also signed contracts for helicopter and fixed-wing-aircraft training over 25 years for an Asian military client whose identity remains confidential.
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