Category Archives: CAE Inc.

CAE launches a year of celebrations for its 70th anniversary

 

CAE launches a year of celebrations for its 70th anniversary

  • Starting with 18 employees in a vacant hangar in the suburbs of Montreal, CAE is now an 8,000-people strong global company focused on training  
  • Unique public company with over $5 billion equity market capitalization

Montreal, Canada, March 17, 2017 – (NYSE: CAE; TSX: CAE) – Founded on Saint Patrick’s Day in 1947, CAE is launching today a year of celebrations with its 8,000 employees worldwide to commemorate its 70th anniversary.    CAE is today a global training company headquartered in Montreal.
“Over the last decades, we’ve built on our diversity, our passion for excellence and the talent of people all over the world to create a great company,” said Marc Parent, CAE’s President and CEO. “We come from different countries, different cultures and we have different expertise, but we are united as one team – one team focused on one vision: to be the worldwide training partner of choice to enhance safety, efficiency and readiness.    This year, we are going to celebrate CAE’s history and bright future.”
Employees in each of CAE’s 160 sites around the world will participate in celebrations which will continue throughout the year; they include activities, historical videos, a global contest encouraging employees to tell their CAE story, a global family day, and more.   Formerly known as Canadian Aviation Electronics Ltd., CAE was founded seventy years ago on the determination and vision of ex-Royal Canadian Air Force officer, Ken Patrick, who assembled what he called “a war-trained team that was extremely innovative and very technology-intensive.”
“Today, innovation is still at the heart of our company,” said Marc Parent.   “Since our first contract to build a flight simulator for the Royal Canadian Air Force in 1952, we transformed ourselves over the years from a simulator manufacturer to a global training company focused on making air travel safer, allowing defence forces to return home safely, and helping medical personnel provide better care.    That’s something we are really proud of.”
CAE’s training network, the world’s largest, spans more than 65 training centres and flight academies around the globe.    In civil aviation, we are the industry leader in cadet-to-captain training.    Every year, we train over 120,000 civil and defence crew members and work with more than 300 airlines and major business aircraft operators to increase the safety of air travel.  We also provide air, land, naval and public safety training to more than 50 defence forces in approximately 35 countries.    We are also the leader in innovative training solutions for the healthcare sector, helping medical personnel to provide better care.

CAE expands to new facility in Abu Dhabi, United Arab Emirates

 

Abu Dhabi, United Arab Emirates, March 13, 2017  – CAE today announced that its Defence and Security business unit has expanded its operations in the United Arab Emirates by moving to new facilities in Abu Dhabi.   The new offices were inaugurated yesterday during a visit from Ian Bell, CAE’s Vice President and General Manager, Middle East/Asia-Pacific, and His Excellency Masud Husain, Ambassador of Canada to the UAE.    CAE is now located in the Addax Tower on Al Reem Island in Abu Dhabi.
“I am pleased to see that CAE continues to see success in the UAE and is working to expand and invest further into the country, which a growing number of Canadian companies consider as their regional hub,” said Husain, who was appointed Canada’s Ambassador to the UAE last year.
The offices in Abu Dhabi will house staff from CAE and CAE Maritime Middle East LLC, CAE’s local UAE-based company that is serving as the prime contractor and program management authority for defence programs in the UAE.    CAE is currently under contract with the General Headquarters (GHQ) of the UAE Armed Forces to design and develop a comprehensive Naval Training Centre (NTC) for the UAE Navy as well as develop helicopter simulators for the UAE Joint Aviation Command.
“The Gulf Cooperation Council countries, and in particular the UAE, are very innovative in their approach to training, particularly in addressing the use of simulation-based training to enhance mission readiness,” said Bell.    “Since the UAE has been acquiring very sophisticated and advanced weapons platforms to modernize its defence forces, they have been procuring the requisite training systems that will help ensure high levels of preparedness.     CAE is honoured to have been selected by the UAE for a range of advanced training programs, and our expansion to new offices in Abu Dhabi signals our commitment to being their long-term training partner of choice.”