CAE details training contracts
CAE has been awarded defence contracts worth over CAD$100 million for training and support services to military customers, it announced on 18 October.
Under two separately exercised contract options the company will continue to provide KC-135 tanker aircrew training services to the US Air Force, and continue T-44C aircrew training services to the US Navy.
The company will also provide long-term maintenance and support services on a variety of helicopter simulators to Rotorsim; and provide ScanEagle UAS instructors to Insitu.
Gene Colabatistto, CAE's group president, defence and security, said: ‘The KC-135 and T-44C aircrew training services contracts are prime examples of long-term contracts that provide sources of recurring revenue for CAE, while the contract to provide ScanEagle Remotely Piloted Aircraft System (RPAS) instructors for Insitu's training centre is another win in the growing RPAS training market where CAE is already a leader.’
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The total cost of the design and construction contract will be €15 million (US$16.2 million) with a completion deadline of 18 months.
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