CAE to develop crisis management centre for Brunei, part of $100M in orders

The Canadian Press 0

MONTREAL – CAE Inc. (TSX:CAE) says it has booked more than $100 million worth of orders from its defence and security customers.

Among other things, the Montreal-based company will develop a crisis management centre of excellence for Brunei’s Ministry of Home Affairs.

CAE, which didn’t provide financial details on the individual contract, is best known for its civilian and military flight simulators and training.

It has also been contracted to provide the U.S. Air Force with long-term training services and upgrades to C-130 simulators.

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