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CAE Inc.

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CAE Inc.
FormerlyCanadian Aviation Electronics Ltd. (1947–1965)
CAE Industries Ltd. (1965–1993)
Company typePublic
IndustryAerospace
FoundedMarch 17, 1947 (1947-03-17)
Headquarters8585 Chemin de la Côte-de-Liesse,
Saint-Laurent, Quebec
RevenueIncrease US$4.282 billion (2024)
Decrease US$−185.4 million (2024)
Decrease US$−325.3 million (2024)
Total assetsDecrease US$9.834 billion (2024)
Total equityDecrease US$4.302 billion (2024)
Number of employees
13,000 (2025)[1]
DivisionsCivil Aviation Training Solutions, Defence & Security, Aviation Software
Websitewww.cae.com

CAE Inc. is a Canadian manufacturer of simulation technologies, modelling technologies and training services to airlines, aircraft manufacturers, and defence customers. CAE was founded in 1947, and has manufacturing operations and training facilities in 35 countries.

Flight simulators

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CAE sells flight simulators and training devices to airlines, aircraft manufacturers and training centres. It licenses its simulation software to various market segments and has a professional services division.

The simulators include basic training devices CAE 400XR and CAE 500XR, and full-motion products such as the CAE 3000, CAE 5000 and CAE 7000XR. These simulators are available for commercial use. In 2016, the company sold 53 Full-Flight Simulators.[2]

In 2001, CAE Inc. acquired BAE Systems's Flight Simulation and Training division, formerly known as Reflectone Inc,[3] a publicly listed company founded in 1939, and based in Tampa, Florida. Reflectone sold flight simulators to the military and provided pilot training on its premises.[4]

In 2021, CAE announced the purchase of the Military Training businesses of L3Harris Technologies; the purchase includes Link Simulation & Training which traces its corporate history to the original flight simulators designed and built by Ed Link.[5]

Aviation training

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CAE conducts airline pilot training and business jet pilot training in its 50 aviation training centres worldwide.[6]

In the United States, the firm is a supplier of initial and recurrency training for airlines such as JetBlue[7] and non-airline based companies, including charter and cargo operators. In December 2001, the firm acquired Simuflite training centers in Dallas, Texas, and Morristown, New Jersey, which are now called CAE SimuFlite.[8] The facility at Dallas/Fort Worth International Airport is the largest business aviation training facility in the world at 426,000 sq ft (39,600 m2), with 34 simulators and approximately 450 employees.[9][citation needed]

In February 2016, CAE Inc. acquired one of its competitors, Lockheed Martin Commercial Flight Training, formerly known as Sim-Industries.[10][11][12]

CAE also operates the CAE Oxford Aviation Academy, the largest ab initio flight training network in the world, with a fleet of over 220 aircraft and seven campuses worldwide,[13] CAE Global Academy Phoenix, and Sabena Flight Academy in Belgium.

As of February 2020, CAE also works together with Airways Aviation Academy, formerly known as ESMA of Montpellier, France, for training students from Oxford and Brussels.

In October 2024, CAE commenced a multi-year contract with Nav Canada to deliver initial training to some of their air traffic controllers and flight service specialists at their Montreal facility. This training is delivered by former Nav Canada employees as well as air traffic controllers hired from international Air navigation service providers.

Healthcare

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In 2011, CAE purchased Medical Education Technologies Inc. (METI), a Sarasota-based company known for its patient simulator, the HPS.[14] In October 2023, CAE announced the sale of its Healthcare business to Chicago-based Madison Industries for an enterprise value of C$311 million, subject to customary adjustments.[15]

Publications

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In September 2021, with the UK P&I Club and Witherbys, CAE launched a safety publication entitled Maritime Team Dynamics, a safety book comparing aviation and maritime incidents.[16][17]

Company histories

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  • Milberry, Larry. The CAE Story. Canav Books, 2015.

References

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  1. ^ "CAE People and Safety". Retrieved March 7, 2025.
  2. ^ "Flight-simulator builder CAE soars as it hits record revenues, profits | Toronto Star". thestar.com. May 19, 2016. Retrieved January 6, 2017.
  3. ^ "BAE sells former Reflectone to Canada's CAE". Flight Global. Reed Business Information. February 20, 2001. Retrieved November 23, 2013.
  4. ^ Hagstrom, Suzy (September 15, 1986). "Erratic Stock". Orlando Sentinel. Retrieved November 23, 2013.
  5. ^ "CAE".
  6. ^ CAE. "CAE - Civil Aviation Training". www.cae.com. Archived from the original on January 5, 2017. Retrieved January 6, 2017.
  7. ^ Close, Kerry (March 7, 2016). "JetBlue Wants to Train You to Become a Pilot". Money.com. Archived from the original on August 5, 2020. Retrieved January 6, 2017.
  8. ^ "CAE Concludes Acquisition of Leading Business Jet Training Company, Simuflite Training International Inc". www.defense-aerospace.com. Archived from the original on January 7, 2017. Retrieved January 6, 2017.
  9. ^ "New training centers meet soaring pilot demand | Aviation Week Network". aviationweek.com. Retrieved February 20, 2020.
  10. ^ "CAE strikes deal for Lockheed Martin flight training unit". Retrieved February 4, 2020.
  11. ^ "CAE". www.cae.com. Retrieved February 4, 2020.
  12. ^ "CAE To Acquire Lockheed Martin Commercial Flight Training Business - Defense Daily". www.defensedaily.com. February 22, 2016. Retrieved February 4, 2020.
  13. ^ "Pilot Training Programs - CAE Oxford Aviation Academy". www.caeoaa.com. Archived from the original on December 28, 2016. Retrieved January 6, 2017.
  14. ^ "CAE Healthcare acquires METI and becomes a leader in simulation-based technology for healthcare". Yahoo Finance Canada. Archived from the original on January 7, 2017. Retrieved January 6, 2017.
  15. ^ "CAE". www.cae.com. Retrieved October 26, 2023.
  16. ^ "UK P&I Club launches safety book in conjunction with CAE". Hellenic Shipping News. Retrieved September 26, 2021.
  17. ^ "New Book Compares Aviation and Maritime Safety and How to Avoid Incidents". Handy Shipping Guide. Archived from the original on September 22, 2021. Retrieved September 26, 2021.
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