CAE Gets C$115 Mln Worth Defence Contracts

(RTTNews) - Canadian aviation-training and simulation products provider CAE Inc. (CAE, CAE.TO) said that it has won a series of contracts valued at approximately C$115 million to provide a range of training systems and services for global defence and security customers.

These include contracts to continue providing MQ-1 Predator/MQ-9 Reaper aircrew training to the United States Air Force , a contract to update the Royal Canadian Air Force's CP-140 simulator, and a contract to design and manufacture a UH-72A flight training device for the United States Army.

The United States Air Force or USAF has exercised the contract option for the second year of CAE USA providing MQ-1 Predator and MQ-9 Reaper remotely piloted aircraft (RPA) aircrew training services and courseware development. CAE USA will continue providing classroom, simulator and live flying instruction for more than 1,500 pilots and sensor operators who train annually at Holloman Air Force Base (AFB), New Mexico; Creech AFB, Nevada; March Air Reserve Base, California; and Hancock Air National Guard Base, New York.

CAE noted that it was awarded a contract from the Government of Canada to perform a major visual system update on the Royal Canadian Air Force's CP-140 full-flight simulator (FFS). The comprehensive visual solution will include the latest generation CAE Medallion-6000 image generator and new display system to deliver superior image quality. In addition, CAE will be implementing the Common Database (CDB) architecture capability on the CP-140 FFS to significantly enhance the RCAF's ability to correlate, re-use, and rapidly update databases to support training and mission rehearsal requirements.

CAE said it was awarded a contract by Airbus Defense and Space, Inc. to manufacture a new UH-72A Lakota Synthetic Flight Training System or SFTS. This UH-72A SFTS, the second CAE is currently building for the U.S. Army, will be delivered to Ft. Rucker, Alabama during the summer of 2015. These devices will support rotary wing pilot training at the U.S. Army's Aviation Center of Excellence or USAACE. CAE is nearing completion of the first UH-72A SFTS for USAACE at Ft. Rucker.