CAE Inc. secures $300 million U.S. Air Force training contract
What happened
CAE Inc., a flight simulator maker based in Montreal, secured a $300-million contract. This deal extends CAE’s role as the main contractor schooling U.S. aircrews on the C-130 Hercules military transport plane. The contract was granted to CAE’s American defense division. This award comes as Donald Trump has moved to ban Canadian companies from U.S. government procurement.
From therecord.com
Why it matters
The contract provides a significant revenue stream for the Montreal-based firm. This success occurs amid regulatory risk, as Donald Trump has proposed a ban on Canadian companies participating in U.S. government procurement.
From therecord.com
Who's involved
- MontrealThe location of CAE Inc.'s base of operations.
- Donald TrumpProposed a ban on Canadian companies from U.S. government procurement.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
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The entities involved
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Montreal
largest city in Quebec, Canada
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