CAE is a global leader in modelling, simulation and training for civil aviation and defence. With annual revenues exceeding C$1.6 billion, the company employs more than 7,500 people at more than 100 sites and training locations in more than 20 countries. Through CAE's global network of 32 civil aviation, military and helicopter training centres, the company trains more than 80,000 crewmembers yearly. CAE's business is diversified, ranging from the sale of simulation products to providing comprehensive services such as training and aviation services, professional services and in-service support. The company aims to apply its simulation expertise and operational experience to help customers enhance safety, improve efficiency, maintain readiness and solve challenging problems. CAE is now leveraging its simulation capabilities in new markets such as healthcare and mining.
3 Reasons to Buy CAE Inc. Instead of Bombardier Inc.The Motley Fool Canada
- Oct 9, 2014
It hasn't been a fun year for shareholders of Bombardier Inc. (TSX: BBD.B), with the stock down 20% so far in 2014. Continued problems with the CSeries have been the main reason for this.