Gene Colabatistto: New Defense Contracts to Build CAE’s Training Services Portfolio

Gene Colabatistto
Gene Colabatistto

CAE received $76.5 million in contracts during its second fiscal quarter for training services and simulation products, including defense contracts from the U.S. Air Force, U.S. Navy and German air force.

The company said Tuesday it will continue to provide KC-135 Aircrew Training System services to the Air Force, T-44C aircrew training services to the Navy and Eurofighter training device maintenance and support to Germany.

“We are continuing to pursue a range of long-term training services contracts and expect the delivery of services to make up a growing percentage of our business portfolio as defense forces look to leverage the support and expertise of industry,” said Gene Colabatistto, president of CAE’s defense and security group.

CAE noted that the U.S. military awards are for 12-month exercised option years on previously awarded contracts, in which the company will provide classroom and simulator instruction and training.

The contract with Germany’s air force is for five years and was awarded to CAE and its industry partners.

According to the company, its responsibility includes maintenance of the CAE Medallion-6000 image generators and other visual systems on the Eurofighter.

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