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CAE completes deal for L3Harris Technologies S&T businesses

CAE completes deal for L3Harris Technologies S&T businesses
shephardmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shephardmedia.com Daily Mail and Mail on Sunday newspapers.

United States , Harris Technologie , Simulators Training Program , Us Army , Link Simulation , Doss Aviation , Common Architecture Requirements , Training Program , Based Strategic Deterrent , Marc Parent , ஒன்றுபட்டது மாநிலங்களில் , ஹாரிஸ் தொழில்நுட்பம் , சிமுலேட்டர்கள் பயிற்சி ப்ரோக்ர்யாம் , எங்களுக்கு இராணுவம் , இணைப்பு உருவகப்படுத்துதல் , டாஸ் விமான போக்குவரத்து , பொதுவானது கட்டிடக்கலை தேவைகள் , பயிற்சி ப்ரோக்ர்யாம் , அடிப்படையிலானது மூலோபாய தடுப்பு , மார்க் பெற்றோர் ,

CAE receives approvals for acquisition of L3Harris Technologies' Military Training business

June 28, 2021
Maryam Farag
CAE announced that it has received all the required regulatory approvals for the previously announced acquisition of L3Harris Technologies’ Military Training business for US$1.05 billion subject to customary adjustments, and expects closing to be complete on July 2.
The L3Harris Military Training business, which includes Link Simulation & Training, Doss Aviation and AMI, will be integrated with CAE USA. This will approximately double CAE’s core military training business in the U.S.
“Following the closing, we are pleased to welcome L3Harris Military Training customers and employees to CAE,” said Marc Parent, President and CEO, CAE. “This represents the largest acquisition in our history and clearly demonstrates our strategy to strengthen and expand our position in all the markets CAE serves. We will be emerging from the pandemic much stronger and more ready to meet the growing demands of our customers.” ....

United States , Daniel Gelston , Us Navy Marine Corps , National Defense Strategy , Us Army , Simulators Training Program , United States Air Force , Technologie Military Training , Military Training , Link Simulation , Doss Aviation , Marc Parent , Simulators Common Architecture Requirements , Training Program , Marine Corps , Based Strategic Deterrent , Group President , ஒன்றுபட்டது மாநிலங்களில் , டேனியல் கெலஸ்தொன் , எங்களுக்கு கடற்படை கடல் கார்ப்ஸ் , தேசிய பாதுகாப்பு மூலோபாயம் , எங்களுக்கு இராணுவம் , சிமுலேட்டர்கள் பயிற்சி ப்ரோக்ர்யாம் , ஒன்றுபட்டது மாநிலங்களில் அேக படை , தொழில்நுட்பம் இராணுவம் பயிற்சி , இராணுவம் பயிற்சி ,

CAE receives regulatory approvals for acquisition of L3Harris Technologies' Military Training business

CAE receives regulatory approvals for acquisition of L3Harris Technologies' Military Training business
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United States , Daniel Gelston , National Defense Strategy , Simulators Training Program , United States Air Force , Exchange Commission , Us Navy Marine Corps , Us Army , Technologie Military Training , Military Training , Link Simulation , Doss Aviation , Marc Parent , Chief Executive , Simulators Common Architecture Requirements , Training Program , Marine Corps , Based Strategic Deterrent , Group President , Canadian Securities Administrators , ஒன்றுபட்டது மாநிலங்களில் , டேனியல் கெலஸ்தொன் , தேசிய பாதுகாப்பு மூலோபாயம் , சிமுலேட்டர்கள் பயிற்சி ப்ரோக்ர்யாம் , ஒன்றுபட்டது மாநிலங்களில் அேக படை , பரிமாற்றம் தரகு ,

CAE acquires L3Harris Technologies' Military Training business

CAE acquires L3Harris Technologies' Military Training business
wingsmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wingsmagazine.com Daily Mail and Mail on Sunday newspapers.

United States , Us Navy Marine Corps , National Defense Strategy , Us Army , Simulators Training Program , United States Air Force , Technologie Military Training , Military Training , Simulators Common Architecture Requirements , Training Program , Marine Corps , Based Strategic Deterrent , Group President , ஒன்றுபட்டது மாநிலங்களில் , எங்களுக்கு கடற்படை கடல் கார்ப்ஸ் , தேசிய பாதுகாப்பு மூலோபாயம் , எங்களுக்கு இராணுவம் , சிமுலேட்டர்கள் பயிற்சி ப்ரோக்ர்யாம் , ஒன்றுபட்டது மாநிலங்களில் அேக படை , தொழில்நுட்பம் இராணுவம் பயிற்சி , இராணுவம் பயிற்சி , பயிற்சி ப்ரோக்ர்யாம் , கடல் கார்ப்ஸ் , அடிப்படையிலானது மூலோபாய தடுப்பு , குழு ப்ரெஸிடெஂட் ,

CAE to acquire L3Harris Technologies' Military Training business for US$1.05 billion

Broadens CAE s position in training and simulation across multi-domain operations
Low-teens percentage EPS accretion expected within first full year post closing, including expected cost synergies
Expected to be immediately accretive to Defence & Security operating profit and EBITDA
(1) margins on operational efficiencies
Funding structure consistent with CAE s investment grade profile
Transaction builds on CAE s track record of successful acquisitions
MONTREAL, March 1, 2021 /PRNewswire/ -
(NYSE: CAE) (TSX: CAE) – CAE today announced that it has entered into a definitive agreement with L3Harris Technologies (NYSE: LHX) to acquire L3Harris Military Training business for US$1.05 billion, subject to customary adjustments (the
Acquisition ). The Acquisition value represents approximately 13.5 times the L3Harris Military Training business estimated adjusted 2020 EBITDA ....

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