TYSONS CORNER, VA, April 7, 2016 — CAE (NYSE: CAE) has received $132.8 million in subcontracts from U.S. companies and contracts from international customers to provide its flight simulation and pilot training systems, GovCon Wire reported Wednesday.
Lockheed Martin (NYSE: LMT) has purchased Phenom 100 synthetic training devices while Boeing (NYSE: BA) has sought updated P-8A operational flight trainers.
The U.K., Canadian and Australian governments have also placed orders for various CAE technologies.
“The growing demand in defense and security for integrated live-virtual-constructive training is providing us a range of opportunities where we can leverage our experience and expertise as a training systems integrator,” said Gene Colabatistto, president of CAE’s defense and security group.
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