CAE Awarded Contract Worth $130 Million

CAE today announced it has won a series of military contracts during the fiscal year 2013 fourth quarter valued at approximately C$130 million.

This includes contract to provide an MH-60R avionics for the Royal Australian Navy, a C-130J weapon systems for the United States Air Force (USAF), construction of a training facility for the Kuwait Air Force and additional training support services as part of the KC-135 aircrew training system program for the USAF.

"Our position on key platforms such as the C-130J and MH-60 helicopters continues to provide a range of opportunities globally, including foreign military sale contracts through the United States government," said Gene Colabatistto, Group President, Military Products, Training and Services, CAE.

CAE was awarded a contract to develop an MH-60R avionics maintenance trainer and weapons load trainer (AMT/WLT) for the Royal Australian Navy (RAN) under the United States foreign military sale (FMS) program, which is to be delivered in 2015. CAE is also currently under contract to develop two MH-60R tactical operational flight trainers (TOFTs) for the RAN. 

Lockheed Martin has exercised a contract option for CAE to design and manufacture an additional C-130J weapon systems trainer for the United States Air Force as part of the C-130J Maintenance and Aircrew Training System Phase II program and will be delivered in 2016.

The U.S. Army Corps of Engineers has awarded CAE USA a foreign military sales contract to construct a training facility for the Kuwait Air Force at Al Mubarak Air Base in Kuwait, housing a KC-130J full-mission simulator.

The United States Air Force awarded CAE USA a contract, including options, to perform operations and maintenance support for KC-135 Boom Operator Weapon Systems Trainers (BOWST) as part of the KC-135 aircrew training system program. This initial contract for the first year of operations and maintenance is valued at more than $5 million. Annual KC-135 BOWST maintenance support contract options for the remaining seven years of the KC-135 ATS program are valued at approximately $50 million.