OTTAWA,
ON, May 30, 2024 /PRNewswire/ - (NYSE: CAE)
(TSX: CAE) CAE today announced that CAE Defense & Security
has been awarded a contract from General Atomics Aeronautical
Systems, Inc. (GA-ASI) to support the MQ-9B
SkyGuardian® Remotely Piloted Aircraft Systems
(RPAS) acquired by the Government of Canada.
The minimum contract value is $250M for the initial 9 years with additional
option years over the total period of performance. Under the terms
of the contract, CAE will deliver aircrew and maintenance
technician training, supporting training devices and courseware to
meet Canada's RPAS requirements.
CAE will also provide experienced maintenance technicians to
augment the Royal Canadian Air Force maintenance staff in
Canada and deployed.
The agreement includes broader In-Service Support (ISS)
capabilities, including aircraft maintenance, IT and cybersecurity
at the RPAS operating sites, and publications management. CAE
will also leverage comprehensive maintenance and support solutions
to support the RPAS capability across multiple domains.
"CAE is dedicated to advancing innovative solutions to support
Canada's defence and the ongoing
modernization of the Royal Canadian Air Force," said Marc Parent, CAE's President and Chief Executive
Officer. "Our long-standing collaboration with GA-ASI delivers
best-in-class training technologies, systems, and services to
Canada's Armed Forces with
critical devices and support to enable intelligence,
reconnaissance, and surveillance (ISR) operations."
The MQ-9B SkyGuardian is interoperable with Canada's domestic missions and its continental
defence missions through NORAD, as well as with Canada's closest allies – including the Five
Eyes Alliance (FVEY) and NATO – for seamless integration with
current and future Canadian defence, civil air, and ground
assets.
"GA-ASI is pleased to expand its work with CAE, who has been a
proven and trusted partner for many years, including as a member of
Team SkyGuardian (TSG) Canada,"
said GA-ASI President, David R.
Alexander. "We've enjoyed a long-standing industry
partnership with the SkyGuardian and Predator Mission Trainers,
which have become important training tools for preparing RPAS
crews. Together, we will ensure that the Canadian Armed Forces are
well equipped for their RPAS Program."
As a member of Team SkyGuardian Canada, CAE is part of the
coalition of leading Canadian businesses working with GA-ASI on
MQ-9B development, delivery, and sustainment. Canada's investments in the RPAS Project are a
direct reflection of Canada's
vested domestic interest in pursuing leading-edge RPAS
technologies.
"This contract is an excellent example of how Canada's Industrial and Technological Benefits
Policy can be leveraged through defence procurement to support
Canadian businesses. This represents more than just another
demonstration of CAE's leadership in the defence and aerospace
sector; it will also drive Canadian innovation, generate high-value
jobs, and bolster economic growth in Canada," said The Honourable
François-Philippe Champagne,
Minister of Innovation, Science and Industry.
The Industrial and Technological Benefits (ITB) Policy and Value
Proposition applied to the RPAS contract, requires investments in
Canada equal to the contract
value. As part of its RPAS contract award GA-ASI committed to
providing investments to Canadian industry to support the growth of
the aerospace and defence sectors.
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.
Follow us on Twitter: @CAE_Inc
Facebook: www.facebook.com/cae.inc
LinkedIn: www.linkedin.com/company/cae
Hashtags: #CAE; #CAEpilot
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, CAE Defense
& Security
+1-813-233-6409, wendy.stough@caemilusa.com
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SOURCE CAE Inc.