Early virtual reality experience to simulate unexpected emergencies of historical importance.
Customers include US Navy, German Air Force, Polish Air force and Malaysia.
43 sold in fiscal 2014 so far, five new contracts worth $70 million.
Technology going to Australian and New Zealand militaries.
CAE is expanding it global flight training capabilities and entering the pilot outsourcing business by acquiring Oxford Aviation Academy and a subsidiary for $314 million.
CAE has been awarded military contracts valued at more than $100 million that includes a subcontract to design and manufacture additional C-130J simulators for the US Air Force.
CAE and Mitsubishi are forming a 50/50 joint venture to establish and operate a training centre in Japan for the new Mitsubishi Regional Jet.
CAE’s US subsidiary has won a US$44 million contract to design and manufacture additional MH-60R helicopter simulators for the US Navy.
MONTREAL: CAE’s sales of aircraft simulators are expected to take off in the coming year or so after the leading global manufacturer sold another five devices to various airlines for $65 million. The Montreal-based aerospace simulator and training firm said…