CAE wins $300 million worth of civil aviation and military contracts

MONTREAL – Montreal flight training and simulator company CAE announced Tuesday that it has won contracts worth about $300 million.

The company said it received $100 million worth of defence contracts to provide a variety of training and support to military customers around the world.

It also announced contracts valued at more than $200 million to train pilots in North America and in Asia, along with the sale of 12 flight simulators — including one Bombardier CSeries model — to an undisclosed customer.

CAE (TSX:CAE) is a global leader in simulation training in civil aviation, security and defence, and health care.