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CAE announces more than C$128 million in contracts at Farnborough

Written by thomas · Filed Under Aeronautics News 

July 15, 2008

thomas

FARNBOROUGH, UNITED KINGDOM–(Marketwire – July 15, 2008) – CAE (NYSE:CGT)(TSX:CAE) announced today at the Farnborough Air Show, in two separate press releases, more than C$128 million of military and civil aviation contracts. The civil aviation contracts are for the sale of four full-flight simulators and training devices to Etihad Airways, British Airways, Bombardier and Embraer; and the military contract, valued at more than C$78 million, is for training support services to the Commonwealth of Australia. More detailed information is available in the two releases issued at 7:30 a.m. EST on Marketwire and on www.cae.com.

CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1.4 billion, CAE employs approximately 7,000 people at more than 75 sites and training locations in 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 27 civil aviation and military training centres, we train more than 75,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and, through CAE’s professional services division, we assist customers with a wide range of simulation-based needs. www.cae.com

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