Cae Inc Stock Price, News & Analysis

CAE has received regulatory approval to renew its Normal Course Issuer Bid (NCIB) program, allowing the purchase and cancellation of up to 16,019,294 common shares (5% of outstanding shares) between June 10, 2025, and June 9, 2026. RBC Dominion Securities will act as the designated broker, with purchases made through TSX and NYSE facilities. The company has established an automatic repurchase plan agreement (ARPA) with RBC for continued share repurchases during blackout periods. Under the previous NCIB program (May 2024-2025), CAE purchased 856,230 shares at an average price of $24.85, totaling $21.3 million. The new NCIB program is part of CAE's capital allocation strategy, aimed at enhancing shareholder value.

CAE has appointed Matthew Bromberg as its new President and CEO, effective August 13, 2025. Bromberg, 55, brings extensive aerospace and defense experience from leadership roles at Northrop Grumman and RTX Corp. He will succeed Marc Parent, who is departing after 16 years of service. Calin Rovinescu will transition to Executive Chairman, while Sophie Brochu will serve as Lead Independent Director. Bromberg will join CAE on June 16, 2025, as Incoming President and CEO to ensure a smooth transition. His track record includes heading Global Operations at Northrop Grumman and serving as President of Military Engines at RTX Corp. The leadership changes reflect CAE's commitment to strengthening its position as a global leader in aviation training solutions and driving future growth.

CAE reported strong Q4 FY2025 and full-year financial results. In Q4, revenue increased to $1,275.4 million, up 13% from last year, with EPS of $0.42 versus -$1.58. Full-year revenue reached $4.7 billion, with EPS of $1.27. The company achieved record free cash flow of $813.9 million for the year with 211% cash conversion. Civil Aviation segment delivered strong performance with 28.6% adjusted margin in Q4, while Defense segment showed significant improvement with 9.2% margin. The adjusted backlog grew 65% to $20.1 billion, supported by Civil's $8.8 billion and Defense's $11.3 billion backlogs. CAE delivered 61 full-flight simulators during the year and maintained a 74% training center utilization rate. The company's strategic position strengthened with its selection as a partner for Canada's Future Fighter Lead-in Training program.

CAE has rebranded its airline operations solutions portfolio as Flightscape - Powered by CAE, a data-driven platform providing real-time operational insights for airlines. The cloud-native SaaS platform helps Operations Control Centre stakeholders prevent disruptions and optimize operations in complex situations. French regional airline HOP! has already implemented Flightscape's Operations Control solution in Q1 2025, with Crew Manager and Crew Planner modules planned for late 2025. The platform features a modular architecture supporting operations control, crew management, flight management, airport management, and in-flight service management. Flightscape's Unified Task Board integrates data from multiple OCC systems to enhance decision-making efficiency during critical situations.

CAE (NYSE: CAE) (TSX: CAE) has announced the release of its fourth quarter and full-year FY2025 financial results on Tuesday, May 13, 2025, after market close. A conference call is scheduled for Wednesday, May 14, 2025, at 8:00 a.m. ET, featuring key executives including CEO Marc Parent, COO Nick Leontidis, Interim CFO Constantino Malatesta, and SVP of Investor Relations Andrew Arnovitz.

The call will be webcast live at www.cae.com and archived for future access. Analysts and institutional investors can join via phone using toll-free numbers for Canada/US (1-833-821-3259) or internationally (+1-647-846-2590). An instant replay will be available for 48 hours after the call.

CAE has been named Canada's top defence company for 2025 by Canadian Defence Review magazine, marking its third time receiving this prestigious recognition. The company specializes in providing advanced training solutions for land, air, and naval forces worldwide.

Led by President and CEO Marc Parent, CAE leverages innovative technologies and training methods to enhance mission readiness and operational effectiveness of defence forces globally. With over 75 years of partnership with Canada's Armed Forces, the company plays a vital role in developing the national defence industry.

Key leadership statements from France Hébert, Division President, D&S Canada and Global Operations Lead, and Marc-Olivier Sabourin, Division President, Defense & Security International, emphasize CAE's commitment to excellence and comprehensive turnkey solutions. The company continues to position itself as a trusted partner for governments, defence forces, and OEMs worldwide.

CAE reported strong Q3 FY2025 results with revenue reaching $1,223.4 million, up 12% from $1,094.5 million in the prior year. The company achieved record free cash flow of $409.8 million, more than double the previous year's $190.0 million.

Key financial highlights include:

• EPS from continuing operations increased to $0.53 from $0.18
• Operating income rose to $262.6 million from $121.6 million
• Adjusted segment operating income grew to $190.0 million from $145.1 million
• Record adjusted backlog of $20.3 billion with $2.2 billion in new orders

The Civil Aviation segment showed strong performance with revenue of $752.6 million, while Defense and Security revenue remained stable at $470.8 million. The company increased its stake in SIMCOM Aviation Training, resulting in a net remeasurement gain of $72.6 million.

CAE Inc. announced significant changes to its Board of Directors, effective February 14, 2025. Calin Rovinescu has been appointed as the new Chair of the Board, alongside three new directors: Peter Lee, Katherine A. Lehman, and Louis Têtu. These appointments maintain the Board size at 13 members, as they coincide with the retirement of four existing directors: Alan N. MacGibbon (former Chair), Margaret S. Billson, François Olivier, and David G. Perkins.

The appointments follow consultations with stakeholders and reflect the Board's ongoing composition review. Notably, CDPQ, a major shareholder, nominated Têtu, while Browning West, LP nominated Lee. Peter Lee and Mary Lou Maher will co-chair the CEO Search Committee, working with Rovinescu to continue the recruitment process previously managed by the Board's Human Resources Committee.

CAE has been selected as a strategic partner by the Government of Canada for the Future Fighter Lead-in Training (FFLIT) program, which will prepare pilots to operate Canada's CF-35A fighters. The program aims to provide advanced training with cutting-edge technology for the Royal Canadian Air Force (RCAF).

This partnership follows CAE's recent achievements, including a C$11.2 billion, 25-year contract for Canada's Future Aircrew Training Program through SkyAlyne (CAE's joint venture with KF Aerospace) in May 2024, and a subsequent $1.7 billion sub-contract signed in October 2024 for RCAF pilot training.

As one of Canada's largest defence contractors, CAE brings extensive experience in delivering defence capabilities, including NATO Flying Training in Canada. The company operates across 240 sites in 40 countries, supporting over 70 different platforms.