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Expected program value, including options, of more than US$275 million over next eight years
Tampa, Fla., Jan. 11, 2021 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE today announced that the United States Air Force (USAF) awarded CAE USA a contract to continue providing comprehensive KC-135 training services.
The eight-year contract, awarded as a one-year base contract with seven additional one-year option periods, is valued at a total of more than US$275 million.
CAE USA recently won the recompete of the U.S. Air Force KC-135 Aircrew Training System contract and will continue providing training to more than 4,500 KC-135 crewmembers annually. (CNW Group/CAE INC.)