in ,

CAE’s Gene Colabatistto: ‘Portfolio Shaping’ Efforts Could Drive Simulation Market Consolidation

CAE's Gene Colabatistto: 'Portfolio Shaping' Efforts Could Drive Simulation Market Consolidation - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png
Gene Colabatistto
Gene Colabatistto

Gene Colabatistto, president of CAE‘s defense and security group, expects the training and simulation industry to see further consolidation as he observed many companies seeking to align their product portfolios, he told Defense News in an interview published Saturday.

“I think you will see some companies trying to vertically integrate in order to be a full-services provider, and then you will see some divest themselves of pieces they don’t need,” Colabatistto told Defense News reporter Aaron Mehta.

He has also noted a seismic shift in military organizations’ attitudes toward the use of simulation technology and that the U.S. Air Force appears to have the most complete concept of developing a virtual flag combat exercise among all the country’s four service branches.

He believes industry has the potential to build gaming technology that can support simulation of ad hoc missions.

However, differences in network and security management strategies could make it harder for simulation and training professionals to manage ad hoc sessions, according to Colabatistto.

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Industry News

mm

Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

Lockheed Opens Submarine Combat System Lab in Australia; Raydon Gates Comments - top government contractors - best government contracting event
Lockheed Opens Submarine Combat System Lab in Australia; Raydon Gates Comments
Research and Markets: Flight Navigation System Market to Grow at 6% CAGR for 2014-2019 - top government contractors - best government contracting event
Research and Markets: Flight Navigation System Market to Grow at 6% CAGR for 2014-2019