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CAE on track to close purchase of L3Harris' military training business on 2 July | News flightglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from flightglobal.com Daily Mail and Mail on Sunday newspapers.
By Murdo Morrison2021-03-01T15:01:00+00:00 CAE has made its largest acquisition to date and its fourth in almost as many months, after agreeing to buy L3Harris’s US military training arm for $1.05 billion. Source: US Air Force US Air Force crew train in a CAE-run Lockheed Martin C-130H simulator The deal – which is expected to close in the second half of this year – will make the Canadian firm the largest non-OEM training provider to the US military, with a position on key programmes such as the US Air Force’s Lockheed Martin F-16 and Northrop Grumman B-2, and the US Navy and US Marine Corps Boeing F/A-18. ....
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 â air, land, sea, space and cyber â as well as expanding into adjacent markets such as mission and operations support, CAE chief executive Marc Parent said in a statement. ....
CAE to buy L3Harris military training business for US$1.05 billion estevanmercury.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from estevanmercury.ca Daily Mail and Mail on Sunday newspapers.