Paris Air Show: CAE sets a record
On 31 May, CAE released its end of year financial results. By any standard, the results were significant and saw a record breaking CAD$7.5 billion order backlog, $4.2 billion of which came from the defence and security division.
With annual revenues up to $2.7 billion, the past year has been a very positive one for the Montreal headquartered company and as a result, stock price has risen from $15 to $22 over the last 12 months.
Shephard asked Gene Colabatistto, group president defence and security at CAE what has led to this surge.
‘If you look back over the past
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 2 free stories per week
- Personalised news alerts
- Daily and weekly newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Paris Air Show 2017 Show News
-
![Paris Air Show: Striker II from testbed to head]()
Paris Air Show: Striker II from testbed to head
BAE Systems showcased for the first time a new modified version of its Striker II Helmet Mounted Display (HMD) at Paris Air Show last week. …
-
![Paris Air Show: Variety spices up special mission aircraft]()
Paris Air Show: Variety spices up special mission aircraft
Various companies were at this year’s Paris Air Show showcasing their intelligence-gathering special mission aircraft with one theme in particular seeming to take precedent; the …
-
![Paris Air Show: Test pilot talks CH-53K (video)]()
Paris Air Show: Test pilot talks CH-53K (video)
While the CH-53K was not present at this year's Paris Air Show, Shephard had the opportunity to speak with Lt Col Jonathan Morel, CH-53K government chief …
-
![Paris Air Show: Anka on path to commercial market]()
Paris Air Show: Anka on path to commercial market
While Turkish Aerospace Industries (TAI) showcased the weaponised version of its Anka UAV at the Paris Air Show the company said that it is also …
-
![Paris Air Show: Le Bourget under air defence ‘bubble’ (video)]()
Paris Air Show: Le Bourget under air defence ‘bubble’ (video)
While most visitors at this year’s Paris Air Show were concerned with applying enough sun protection, the French Air Force had another more pressing concern; …
-
![Paris Air Show: T-100 on top form (video)]()
Paris Air Show: T-100 on top form (video)
Of all the companies present at this year's Paris Air Show, Leonardo was the only one to bring its offering for the US Air Force's …
