Bombardier closes sale of its Military Aviation Training unit to CAE
Above:
Aircraft operated as part of the NATO Flying Training in Canada (NFTC) programme.
Courtesy of the Department of National Defence (DND)
This will enable Bombardier to further focus on its core business areas. This transaction has received the approval of all appropriate regulatory authorities and other consents from government bodies.
The acquisition significantly strengthens CAE's core capabilities as a training systems integrator (TSI) globally, and further expands its offering into support for live flying training of future military pilots, including next-generation fighter pilots, for the Royal Canadian Air Force and its allies. CAE becomes the prime contractor responsible for the NATO Flying Training in Canada (NFTC) programme that produces qualified military pilots for defence customers. The 200 employees located in Moose Jaw, Saskatchewan, and Cold Lake, Alberta, became CAE employees as of yesterday.
"We are pleased to welcome the team supporting the NATO Flying Training in Canada program to CAE," said Gene Colabatistto, CAE's Group President, Defence & Security. "The closure of this NFTC programme acquisition follows the recent competitive win in the USA to deliver the Army Fixed Wing pilot training programme, another full training system including live aircraft. Together, these programmes are accelerating the advancement of CAE's training systems integration capability and overall strategy."
