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CAE INC - CAE STOCK NEWS

Welcome to our dedicated page for CAE news (Ticker: CAE), a resource for investors and traders seeking the latest updates and insights on CAE stock.

CAE Inc. (NYSE: CAE; TSX: CAE) stands as a global leader in training and simulation solutions for the civil aviation, defense and security, and healthcare markets. With over seven decades of innovation, CAE designs and integrates comprehensive training solutions, leveraging the expertise of its 8,000 employees and world-leading simulation technologies. Headquartered in Montreal, Canada, CAE operates 160 sites and training locations in 35 countries, making it the broadest network in the industry.

Civil Aviation: CAE trains more than 120,000 civil and defense crewmembers annually, providing advanced flight simulators and comprehensive pilot training programs. The company also manages a substantial fleet of flight simulators, enhancing accessibility and training efficiency for airlines worldwide.

Defense & Security: CAE offers mission support and training solutions for defense forces, utilizing high-fidelity simulation technologies to prepare military personnel for real-life scenarios. The company's defense projects are focused on improving combat readiness and operational efficiency of military forces globally.

Healthcare: Recent divestitures have seen CAE streamline its focus, yet it remains committed to providing simulation-based healthcare training solutions to nurture the proficiency of medical professionals.

CAE has a strong commitment to sustainability, becoming the first Canadian aerospace company to be carbon-neutral in 2020. The company continues to push the envelope with technological advancements, such as integrating Epic Games' Unreal Engine into its simulators for ultra-realistic training experiences.

Financially, CAE showcases a robust performance with a diversified revenue stream. Despite recent restructuring to optimize cost and streamline operations, CAE maintains strong market leadership in its core domains. Strategic partnerships, innovative technology integrations, and a focus on environmental, social, and governance (ESG) practices underpin CAE’s sustained growth and operational excellence.

Follow CAE on Twitter @CAE_Inc or visit their career page at www.cae.com for more information.

Rhea-AI Summary
CAE (NYSE: CAE) (TSX: CAE) will release its fiscal year 2024 second quarter results on November 14, 2023, with a conference call to provide a review of the company's performance and outlook. The call will feature CAE's President and CEO, CFO, and Senior VP of Investor Relations, and will be webcast live on CAE's site. Phone numbers for the conference call are provided for different countries.
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CAE will release its fiscal year 2024 Q2 results on November 14, 2023, followed by a conference call featuring the company's executives. The webcast will be available on CAE's website, and the event will offer opportunities for analysts, institutional investors, and the media to ask questions.
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CAE Inc. has reached a definitive agreement to sell its Healthcare business to Madison Industries for C$311 million. The sale will allow CAE to focus on its core simulation and training markets. The transaction is expected to close before the end of fiscal year 2024.
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CAE launches new business aircraft Master Technician program
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CAE and Air Europa announced a long-term agreement for pilot and cabin crew training in Madrid. CAE will deploy a B737NG full-flight simulator and a new B787 door trainer at its Madrid training centre. This will provide immersive training and add capacity to support the growth of Air Europa. CAE predicts a need for 44,000 new commercial pilots and 75,000 new cabin crew members in Europe over the next ten years. CAE has been Air Europa's training provider since 2010, and over 800 pilots and 2,000 cabin crew will be trained annually at the two centres.
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CAE signs MOU with Textron Aviation Defense to expand collaboration on next-generation T-6 training.
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CAE signs 10-year pilot training agreement with Batik Air
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CAE to provide Flight Training Service for Bombardier Global 6000/6500 Full Flight Simulator at CAE Dothan Training Center
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CAE Inc. reports revenue of $1,054.4 million for Q1 2024, a 13% increase compared to the prior year. Diluted EPS was $0.20, up from $0.01 last year. Adjusted EPS was $0.24, up from $0.06 last year. Operating income was $130.1 million, compared to $39.4 million last year.
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FAQ

What is the current stock price of CAE (CAE)?

The current stock price of CAE (CAE) is $22.9 as of November 22, 2024.

What is the market cap of CAE (CAE)?

The market cap of CAE (CAE) is approximately 6.0B.

What markets does CAE Inc. serve?

CAE Inc. serves the civil aviation, defense and security, and healthcare markets, providing comprehensive training and simulation solutions.

How many employees does CAE Inc. have?

CAE Inc. employs approximately 8,000 people worldwide.

What is CAE's commitment to sustainability?

CAE is committed to sustainability and became the first Canadian aerospace company to be carbon-neutral in 2020.

Where is CAE Inc. headquartered?

CAE Inc. is headquartered in Montreal, Canada.

How many training locations does CAE operate globally?

CAE operates 160 sites and training locations in 35 countries.

What recent technological advancement has CAE incorporated into its simulators?

CAE has integrated Epic Games' Unreal Engine into its simulators to enhance the realism and effectiveness of pilot training.

What is CAE's role in the defense market?

CAE provides mission support and training solutions for defense forces, utilizing advanced simulation technologies to prepare military personnel for real-life scenarios.

How many civil and defense crewmembers does CAE train annually?

CAE trains more than 120,000 civil and defense crewmembers annually.

What was a significant recent change in CAE's business operations?

CAE recently divested its Healthcare business to focus on its core training, simulation, and aviation software markets.

How can I stay updated with CAE's latest news and developments?

Follow CAE on Twitter @CAE_Inc or visit their website at www.cae.com for the latest updates and news.

CAE INC

NYSE:CAE

CAE Rankings

CAE Stock Data

6.03B
317.99M
0.16%
76.13%
1.19%
Aerospace & Defense
Industrials
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United States of America
Saint-Laurent