CAE awarded contract from SkyAlyne

CAE announced that it has signed a 25-year sub-contract valued at approximately $1.7B from SkyAlyne, a joint venture between CAE and KF Aerospace, to provide the Royal Canadian Air Force, or RCAF, with modern, state-of-the-art pilot training. As a major subcontractor to the Future Air Crew Training, or FAcT, program, CAE will deliver over the course of the contract term comprehensive aircrew training including live flying, simulation, and ground school training. This will extend CAE’s long-standing presence at 15 Wing Moose Jaw where CAE currently operates the NATO Flying Training in Canada, or NFTC, program. As part of this sub-contract, CAE will initially develop and deliver a range of simulators and training devices to be installed in Moose Jaw, Saskatchewan and at Southport, Manitoba for the various aircraft fleets being procured for the RCAF under the FAcT program. These training devices are expected to be delivered over the next 5 years. In addition to this initial approximately $1.7B sub-contract, CAE is also expected to sign a follow-on order in the near term involving sustainment-related in-service support services.