je.st
news
CAE strikes deal for Lockheed Martin flight training unit
2016-02-23 07:36:33| Electronics - Topix.net
File photo of Marc Parent, president and chief executive officer of aircraft simulation company CAE Inc. File photo of Marc Parent, president and chief executive officer of aircraft simulation company CAE Inc. CAE Inc. has struck a deal with U.S. aerospace and defence giant Lockheed Martin Corp. to acquire its commercial flight training unit. Montreal-based CAE, a leading flight crew trainer and simulator manufacturer, said on Monday the conditional agreement with Lockheed Martin will help expand its business for commercial flight simulators as well as result in the acquisition of assets such as full-flight simulators, simulator parts and equipment, facilities, technology and a skilled work force.
Tags: training
martin
unit
deal
Category:Electronics and Electrical