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CAE lands military contracts valued at $110-million

A technician operates a CAE Inc. A330-200 passenger plane flight simulator at the LFT training centre in Berlin.

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Montreal-based CAE (TSX:CAE) says it has secured contracts worth more than $110-million, not including options, to provide a range of training systems and services for defence customers.

The contracts are with the United States Navy, the Royal Danish Navy and the Mexican Air Force.

The U.S. Navy contract, which includes six one-year options for a total value of more than US$30-million, is the provide Beechcraft T-44C aircrew training at Naval Air Station Corpus Christi in Texas.

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CAE USA was also awarded a contract by the U.S. Navy to develop an MH-60R flight trainer for the Royal Danish Navy under the United States foreign military sale program.

CAE also secured a contract from Beechcraft Corp. to develop a training regimen for the Mexican Air Force.

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