CAE wins new military contracts with Lockheed Martin, L3 and Airbus

The contracts, awarded during CAE's first quarter of its 2018 fiscal year, include Lockheed Martin's support in developing five C-130J fuselage trainers for the U.S. Marine Corps and U.S. Air Force Special Operations Command; L3 MAS' continued CF-18 in-service support for the Royal Canadian Air Force, and Airbus Defense and Space support for RCAF C295W Fixed-Wing Search and Rescue training.

"These orders augment the long-term, recurring revenue profile of our defense business," Gene Colabatistto, CAE's group president for Defence & Security, said in a company news release Tuesday. "Original equipment manufacturers and global militaries continue to recognize our training and simulation experience on enduring platforms, such as the C-130J, which combined with a positive defense environment continues to provide us a healthy pipeline of opportunities around the world."

Under a sub-contract from Lockheed Martin, CAE USA will work on building four KC-130J fuselage trainers for the U.S. Marines -- by utilizing the design of the CC-130J trainers to the RCAF.

CAE will deliver the systems between 2020 and 2022. CAE USA will also support developing an HC/MC-130J enhanced fuselage trainer for the U.S. Air Force Special Operations Command.

L3 MAS, a subsidiary of L3 Technologies, tapped CAE to continue the company's dealings to provide L3 with variety in-service support solutions for the RCAF's CF-18 aircraft.

CAE said it will also provide training services, device upgrades and maintenance, hardware and software engineering, course-ware updates, technology insertion and obsolescence management and other services for the RCAF C295W training program through its order from Airbus DS.