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CAE to buy military training business from L3Harris for $1 05-billion

Investors reacted to the largest deal in CAE’s history by driving up the stock

Cae incLink simulationDoss aviationUnited statesகாய இன்க்இணைப்பு உருவகப்படுத்துதல்டாஸ் விமான போக்குவரத்துநீர்மூழ்கிக் கப்பல்கள்ஒன்றுபட்டது மாநிலங்களில்

CAE buying L3Harris Technologies defence training business for US$1-billion

CAE buying L3Harris Technologies defence training business for US$1-billion
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CAE Inc (CAE) Q3 2021 Earnings Call Transcript

Good day ladies and gentlemen. Welcome to the CAE Third Quarter Conference Call. [Operator Instructions] I would now like to turn the meeting over to Mr. Andrew Arnovitz. You may now proceed Mr. Arnovitz. Andrew Arnovitz Good afternoon, everyone, and thank you for joining us today. Before we begin, I d like to remind you that today s remarks, including management s outlook for FY21 and answers to questions contain forward-looking statements. These forward-looking statements represent our expectations as of today, February 12, 2021 and accordingly are subject to change. Such statements are based on assumptions they may not materialize and are subject to risks and uncertainties. Actual results may differ materially, and listeners are cautioned not to place undue reliance on these forward-looking statements. A description of the risks, factors and assumptions that may affect future results is contained in CAE s Annual MD&A available on our corporate website and in our filings wit

United statesNew zealandUnited kingdomHeidi woodAndrew arnovitzDan gelstonCameron doerksenKevin chiangKonark guptaBenoit poirierSonya brancoNoah poponak goldman sachsNoah poponakBenoit poirier desjardinsFadi chamounKonark gupta scotiabank

CAE reports third quarter fiscal 2021 results

CAE reports third quarter fiscal 2021 results News provided by Share this article Share this article Revenue of $832.4 million up 18% vs. second quarter and down 10% vs. third quarter last year EPS of $0.18 ($0.22 before specific items (1)) vs. negative $0.02 ($0.13 before specific items) in the second quarter and $0.37 ($0.37 before specific items) in the third quarter last year Operating profit (2) of $82.9 million vs. $28.2 million in the second quarter and $154.9 million in the third quarter last year Segment operating income before specific items (3) of $97.2 million vs. $79.3 million in the second quarter and $157.2 million in the third quarter last year Net cash provided by operating activities of $234.8 million vs. $45.6 million in the second quarter and $322.1 million in the third quarter last year

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2021 Aircraft Simulator Market Technology Trends with Global Scenario Led by Frasca International, Inc , L3 Technologies, Precision Flight Controls, Thales Group, The Raytheon Company

2021 Aircraft Simulator Market Technology Trends with Global Scenario Led by Frasca International, Inc , L3 Technologies, Precision Flight Controls, Thales Group, The Raytheon Company
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