Press release from Marketwire
CAE awarded military contracts valued at approximately $100 million
- CAE 3000 Series AW139 full-flight simulator for Coptersafety - KC-130R aircrew training for Japan Maritime Self Defense Force - CAE Medallion-6000 image generator for Turkish Army T-129 simulators
Thursday, June 27, 2013
CAE awarded military contracts valued at approximately $100 million06:00 EDT Thursday, June 27, 2013
MONTREAL, CANADA--(Marketwired - June 27, 2013) - (NYSE:CAE)(TSX:CAE) - CAE today announced it has won approximately C$100 million worth of military contracts from customers in more than 15 countries. They include a contract to design and manufacture a CAE 3000 Series AW139 full-flight simulator for Coptersafety, a foreign military sale contract from the United States Navy to provide KC-130R aircrew and maintenance training services to the Japan Maritime Self Defense Force, and a contract from Havelsan to provide the CAE Medallion-6000 image generator for T-129 attack helicopter full-mission simulators.
"We are focused on a diverse pipeline of opportunities in both the established and emerging markets and I am pleased we are winning new programs in the Asia-Pacific region involving countries such as Japan, Korea, Singapore, India and others," said Gene Colabatistto, Group President, Military Products, Training and Services, CAE. "Our broad global reach and longstanding presence in emerging markets make CAE unique and give us confidence we can win globally, by enabling our defence and security customers to increase their use of simulation-based training solutions."
CAE signed a contract with Coptersafety to design and manufacture a CAE 3000 Series AW139 helicopter full-flight simulator (FFS). The CAE 3000 Series AW139 FFS, to be jointly developed by CAE and AgustaWestland, will be delivered in late 2014 to the Finnair Flight Academy near Helsinki International Airport in Finland. Coptersafety will operate the simulator in cooperation with the Finnair Flight Academy.
"We look forward to bringing high-quality AW139 helicopter training to the Nordic region," said Mikko Dahlman, Chief Executive Officer of Coptersafety. "We have an easily accessible location at the Finnair Flight Academy in Helsinki, and our team of highly-experienced instructors along with CAE's new 3000 Series simulator will ensure our clients receive world-class AW139 training."
U.S. Navy/Japan Maritime Self Defense Force
The United States Navy awarded CAE USA a foreign military sales contract to provide the Japan Maritime Self Defense Force (JMSDF) with comprehensive KC-130R aircrew and maintenance training services. CAE USA will provide academic and live flight training to pilot, flight engineer, navigator, loadmaster, and maintenance personnel. Academic training will be conducted at CAE's C-130 Tampa Training Center in Tampa, Florida. Live flight training on the Japanese KC-130R aircraft will occur at various locations within the United States with follow-on training services to be provided in Japan.
Havelsan, Turkey's leading simulation and training company, has selected CAE to provide its CAE Medallion-6000 image generator for one T-129 helicopter full-mission simulator and one T-129 helicopter partial-mission simulator that Havelsan is developing for the Turkish Army. Each T-129 mission simulator includes two cockpits to replicate the pilot and gunner stations in the T-129 attack helicopter. Each cockpit will be equipped with a high fidelity visual system featuring the CAE Medallion-6000 image generator producing the out-the-window visuals on a 13-channel direct projection dome display. In addition, the CAE Medallion-6000 image generator will be used on a T-129 Advanced Weapons and Tactics Trainer (AWTT), which will have a three-channel visual display system.
Havelsan will also be adopting the CAE-developed Common Database (CDB) architecture as part of the T-129 simulators to significantly enhance the ability to correlate and rapidly update databases to support training and mission rehearsal requirements. Havelsan has previously worked with CAE to establish a database generation system based on the CDB for the Turkish Air Force's F-16, T-38 and KT-1T training devices.
CAE is a global leader in modelling, simulation and training for civil aviation and defence. The company employs approximately 8,000 people at more than 100 sites and training locations in approximately 30 countries. CAE offers civil aviation, military and helicopter training services in more than 45 locations worldwide and trains approximately 100,000 crew members yearly. In addition, the CAE Oxford Aviation Academy offers training to aspiring pilot cadets in 11 CAE-operated flight schools. CAE's business is diversified, ranging from the sale of simulation products to providing comprehensive services such as training and aviation services, integrated enterprise solutions, in-service support and crew sourcing. The company applies simulation expertise and operational experience to help customers enhance safety, improve efficiency, maintain readiness and solve challenging problems. CAE is now leveraging its simulation capabilities in new markets such as healthcare and mining. More information can be found at www.cae.com.
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Investor Relations and Strategy