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Tag: cae
Flight simulator-maker CAE planning 350 layoffs, mostly in Montreal
2015-08-13 04:35:13| Industrial Machines - Topix.net
CAE Inc. is planning to cut 350 people out of its global workforce over the coming year, mostly in Montreal where the company has its head office and largest production facility. The job cuts -- representing about four per cent of its 8,000 employees -- are part of efforts by the flight simulator and training company to improve its production processes and revamp its business focus.
Tags: planning
flight
montreal
cae
Flight simulator-maker CAE planning 350 layoffs, mostly in Montreal
2015-08-13 02:45:33| Electronics - Topix.net
CAE Inc. is planning to cut 350 people out of its global workforce over the coming year, mostly in Montreal where the company has its head office and largest production facility. The job cuts -- representing about four per cent of its 8,000 employees -- are part of efforts by the flight simulator and training company to improve its production processes and revamp its business focus.
Tags: planning
flight
montreal
cae
CAE to raise dividend 7%; higher Q1 revenue boosts profit to $44.5M
2015-08-12 20:23:24| Industrial Machines - Topix.net
CAE Inc. says its overall revenue grew nearly six per cent to $557 million in the company's fiscal first quarter due to increases in its civil aviation and health technology businesses. Revenue from CAE's defence and security business was stable at $196.9 million but revenue from civil aviation training rose nine per cent to $336.2 million and Healthcare contributed $23.9 million, up 23 per cent.
CAE to raise dividend 7%; higher Q1 revenue boosts profit to $44.5M
2015-08-12 17:09:37| Electronics - Topix.net
CAE Inc. says its overall revenue grew nearly six per cent to $557 million in the company's fiscal first quarter due to increases in its civil aviation and health technology businesses. Revenue from CAE's defence and security business was stable at $196.9 million but revenue from civil aviation training rose nine per cent to $336.2 million and Healthcare contributed $23.9 million, up 23 per cent.
CAE to deliver MH-60R maintenance and rear-crew trainers for RAN
2015-07-08 01:00:00| Naval Technology
CAE has secured a contract to develop an MH-60R composite maintenance trainer (CMT), as well as a MH-60R rear crew trainer (RCT) for the Royal Australian Navy (RAN) under the US foreign military sale (FMS) programme.
Tags: maintenance
deliver
ran
trainers
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