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CAE announces $128 million in military and civilian contracts at Farnborough

July 16, 2008, Farnborough, U.K. – CAE Inc. has announced contracts worth $128 million at the Farnborough International Air Show.

CAE said Tuesday it has sold four full-flight simulators and training devices to Etihad Airways, British Airways, Bombardier and Embraer, along with a $78 million five-year contract extension to provide simulator support to the Australian military.

The 7,000-employee global leader in simulation technology and aviation training said the four full-flight simulators and other devices are worth more than $50 million at list prices.

Etihad Airways is buying a Boeing 777-300ER simulator for its training centre in Abu Dhabi.

British Airways is getting an Airbus A320 simulator for its centre at Heathrow Airport. It is the seventh full-flight simulator British Airways has ordered from CAE, but the first since 2000.

Bombardier is buying a full-flight simulator of its Global Express business jet for the aircraft maker's training centre in Montreal.

And Brazilian airliner maker Embraer has purchased an Embraer 170/190 full-flight simulator, to be delivered to a European training centre.

In the Australian contract extension, a management and support agreement with the Australian Defence Forces originally signed as a 10-year deal in 2003 will now run through 2018.

CAE Australia provides training support for the ADF's S-70B Seahawk and Sea King helicopter simulators, a Black Hawk helicopter simulator and C-130 cargo plane simulators.

CAE is also designing simulators for A330 tanker transports and MRH90 helicopters for the Australian forces.