Canada: CAE and Bombardier have signed an agreement for CAE's acquisition of Bombardier's Military Aviation Training business for approximately CAD 19.8 million. The move significantly enhances CAE's core capabilities as a training systems integrator (TSI) globally, and expands its offering into support for live flying training of future military pilots, including next-generation fighter pilots, for the Royal Canadian Air Force and its allies. Upon conclusion of this transaction, CAE will be the prime contractor responsible for the NATO Flying Training in Canada (NFTC) programme that produces qualified military pilots for defence customers.
"As a training systems integrator for air forces globally, this addition to CAE gives us another important capability and opportunity for growth. We plan to expand the NFTC programme, and leverage our new capabilities into future integrated training systems programmes worldwide,” said Marc Parent, CAE's President and Chief Executive Officer. The NFTC programme is designed and operated in partnership with the Government of Canada. The programme combines basic, advanced, and lead-in fighter training as part of the comprehensive pilot training programme. CAE will operate the NFTC base facilities, deliver the ground-school classroom and simulator training, and support the live flying training that comprises this world-class turnkey training system.