CAE announced that CAE Australia Pty Ltd. has been awarded the Platforms and Systems Training Contract (PSTC) by the Royal Australian Navy to deliver improved quality, efficiency, modernisation, and remote capability in training.
Q4 FY2022 Revenue of $955.0 million vs. $894.3 million in Q4 last year, up 7% year-over-year (up 25% ex. revenue from ventilators) Earnings per share (EPS) of.
Q4 FY2022 Revenue of $955.0 million vs. $894.3 million in Q4 last year, up 7% year-over-year (up 25% ex. revenue from ventilators) Earnings per share (EPS) of.
The Maritime Integrated Training System. (Photo: US Army PEO-STRI)
Xebec will upgrade the existing Maritime Integrated Training System for the US Army while adding new simulation systems and capabilities.
The Xebec JV between CAE and Pinnacle Solutions is to provide the US Army with a new and upgraded Maritime Integrated Training System (MITS).
The contract from the Naval Air Warfare Training Systems Division is worth an undisclosed amount.
MITS is a suite of simulation systems designed to train US Army personnel who operate logistics support vessels, manoeuvre transport vessels, large landing craft and expeditionary fast transports.
Xebec will upgrade the existing MITS while adding new simulation systems and capabilities. The JV will be responsible for a comprehensive upgrade and technology refresh of all the existing MITS configurations, including Expeditionary Fast Transport simulation, Full Mission Bridge simulator, and Vessel Defense Simulator.