CAE Bags Defence Contracts Worth Nearly C$110 Mln - Quick Facts

(RTTNews) - Canadian aviation-training and simulation products provider CAE, Inc. (CAE, CAE.TO) on Wednesday reported winning a series of contracts worth about C$110 million to provide a range of training systems and services for global defence customers.

This includes contracts for providing the T-6C ground-based training system and services for the Royal New Zealand Air Force or RNZAF, a contract to upgrade the visual systems on the German Air Force's Eurofighter simulators, a contract from Korea Aerospace Industries for providing the visual system for a T-50IQ full-mission simulator, and a contract to provide a KC-135 boom operator weapon systems trainer for an undisclosed international customer.