CAE Ends Fiscal Year 2012 With C$950 In Military Orders

CAE has concluded fiscal year 2012 (April 1, 2011 to March 31, 2012) with more than C$950 million of military orders, including a record order intake coming from the United States. Included in this total are more than C$400 million of orders won in its recent fourth quarter. "We are pleased to have completed the year with a strong order intake, which demonstrates the uniqueness of CAE's defence business and solid pipeline of opportunities in both established and emerging markets," said Martin Gagne, CAE's Group President, Military Products, Training and Services. "We remain encouraged by the continued investment in simulation-based training by our defence customers as they seek ways to maintain readiness at a lower cost". The company was awarded military contracts from more than 15 countries during the year. Some of the key orders this fiscal year included six P-8A operational flight trainers for Boeing and the United States Navy, four C-130J weapon systems trainers for Lockheed Martin and the United States Air Force, significant upgrade and services contracts for the German Air Force's Tornado and Eurofighter training systems, several CAE 3000 Series AW139 helicopter simulators, and the world's first AW189 full-flight simulator for Rotorsim. CAE was awarded a contract by EADS North America to design and manufacture a third UH-72A Lakota cockpit procedures trainer (CPT) for the United States Army. The UH-72A CPT will be used for pilot transition and proficiency training for the US Army's UH-72A light utility helicopter, and will be delivered to the Eastern Army National Guard Aviation Training Site (EAATS) in early 2013.