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CAE’s 2012 military deals worth $950M

CAE Inc. has ended its 2012 financial year with military orders worth $950 million, including $400 million that came in during the fourth quarter, and a $170 million deal through its join venture company in Bruni.


April 16, 2012
by PLANT STAFF

MONTREAL: CAE Inc. has ended its 2012 financial year with military orders worth $950 million, including $400 million that came in during the fourth quarter, and a $170 million deal through its join venture company in Bruni.

The military contracts came from more than 15 countries. Key orders include six P-8A operational flight trainers for Boeing and the US Navy, four C-130J weapon systems trainers for Lockheed Martin and the US Air Force, significant upgrade and services contracts for the German Air Force’s Tornado and Eurofighter training systems, several CAE 3000 Series AW139 helicopter simulators, and the world’s first AW189 full-flight simulator for Rotorsim.

Orders in the fourth quarter include the $170 million training and services contracts from Brunei through the CAE Brunei Multi-Purpose Training Centre (MPTC ), 60% owned by CAE.

The centre will be constructed in Rimba near the Brunei International Airport, initially with five simulator bays along with supporting classrooms and additional infrastructure. It’s to completed by spring 2014 when S-92 and PC-7 training is scheduled to begin.

Additional fourth quarter orders include upgrades to the US Army’s High-Mobility Artillery Rocket System (HIMARS) maintenance training system, the development of an additional UH-72A cockpit procedures trainer for the US Army, and additional upgrades for the US Air Force as part of the KC-135 Aircrew Training System (ATS) contract.