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CAE to buy L3Harris military training business for US$1 05 billion | iNFOnews | Thompson-Okanagan s News Source

The CAE headquarters is seen Thursday, May 14, 2009 in Montreal. THE CANADIAN PRESS/Paul Chiasson March 01, 2021 - 6:01 AM MONTREAL - CAE Inc. announced a deal Monday with U.S. company L3Harris Technologies to buy the company s military training business for US$1.05 billion. The L3Harris military training business includes Link Simulation & Training, Doss Aviation and AMI. We are adding new customers, experience on new platforms and building our depth of expertise to address all domains – air, land, sea, space and cyber – as well as expanding into adjacent markets such as mission and operations support, CAE chief executive Marc Parent said in a statement.

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