MONTREAL, May 29, 2024
/PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE announced that its
SkyAlyne joint venture was today awarded a C$11.2-billion, 25-year contract for
Canada's Future Aircrew Training
(FAcT) Program.
"CAE has proudly worked alongside the Royal Canadian Air Force
(RCAF) for more than 75 years to design and deliver training,
services, and technologies that support the mission readiness of
Canada's aviators," said
Marc Parent, CAE's President and
Chief Executive Officer. "Today's announcement regarding the Future
Aircrew Training Program is a significant achievement in the
ongoing modernization efforts of Canada's defence forces. FAcT is a
transformational win for SkyAlyne and CAE, laying the groundwork
for training technologies and processes enabling mission readiness.
As an industry leader in civil and defence simulation training and
critical operations, CAE is proud to be part of the future of
aircrew training to Canada."
This transformative initiative reimagines training for the RCAF,
consolidating three aircrew training operations under SkyAlyne and
Canada's joint management.
SkyAlyne, a partnership with KF Aerospace of Kelowna, BC, was selected in July 2023 as the preferred bidder for FAcT after
a rigorous process.
The FAcT Program is a significant step forward to prepare
Canadian military Pilots, Air Combat Systems Officers, and Airborne
Electronic Sensor Operators for tomorrow's challenges. Under the
FAcT Program, SkyAlyne – in collaboration with the RCAF – will
design, develop, and deliver a comprehensive training and support
system, including live flying, simulation, ground school training,
and a suite of in-service support functions.
Centrally managed from Ottawa,
the FAcT Program will revamp and expand upon current training
services currently provided by CAE and KF Aerospace, with
operations set to continue at 15 Wing Moose Jaw, Southport (Portage la Prairie) and 17 Wing
Winnipeg. The program includes the establishment of a complete
training enterprise at all three operating locations helping ensure
the RCAF maintains the highest standards of excellence and
innovation.
A photo is available at CAE's Multimedia Centre.
About CAE
At CAE, we equip people in critical roles with the expertise and
solutions to create a safer world. As a technology company, we
digitalize the physical world, deploying software-based simulation
training and critical operations support solutions. Above all else,
we empower pilots, cabin crew, maintenance technicians, airlines,
business aviation operators, and defence and security forces to
perform at their best every day and when the stakes are the
highest. Around the globe, we're everywhere customers need us to be
with approximately 13,000 employees in more than 240 sites and
training locations in over 40 countries. CAE represents more than
75 years of industry firsts—the highest-fidelity flight and mission
simulators as well as training programs powered by digital
technologies. We embed sustainability in everything we do. Today
and tomorrow, we'll make sure our customers are ready for the
moments that matter.
Read our FY23 Global Annual Activity and Sustainability
Report.
About SkyAlyne
Truly Canadian Training | SkyAlyne brings together two
Canadian companies with unmatched experience and capabilities in
delivering innovative pilot and aircrew training in Canada. Currently, CAE and KF Aerospace
deliver all phases of pilot training to the Royal Canadian Air
Force (RCAF) through the NATO Flying Training in Canada (NFTC) program managed by CAE, and the
Contracted Flying Training and Support (CFTS) program managed by KF
Aerospace. Website.
About Future Aircrew Training
(FAcT)
The Future Aircrew Training (FAcT) Program combines Royal
Canadian Air Force (RCAF) pilot and aircrew training. Website
CAE Contacts:
General Media:
Samantha
Golinski, Vice President, Public Affairs & Global
Communications,
+1-438-805-5856, samantha.golinski@cae.com
Investor Relations:
Andrew Arnovitz, Senior Vice
President, Investor Relations and Enterprise Risk Management,
+1-514-734-5760, andrew.arnovitz@cae.com
Trade Media:
Wendy
Stough, Director, Marketing and
Communications,+1-813-233-6409, wendy.stough@caemilusa.com
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content:https://www.prnewswire.com/news-releases/caes-skyalyne-joint-venture-awarded-c11-2-billion-25-year-contract-for-canadas-future-aircrew-training-program-302158406.html
SOURCE CAE Inc.