CAE to support NATO Flying Training in Canada through 2027

Contract extension valued at more than C$550 million

Montreal, March 2, 2022 – (NYSE: CAE; TSX: CAE)
Corporate Defence & Security Trade press release
The Government of Canada has extended the contract for CAE to manage and operate the NATO Flying Training in Canada (NFTC) program through 2027.
CAE instructors will continue to deliver classroom and simulator training as well as support live flying training for the NFTC program through 2027.

CAE today announced that the Government of Canada has extended the contract for the NATO Flying Training in Canada (NFTC) program through 2027.  The contract extension includes a one year option to extend through 2028 if necessary.

By extending the NFTC contract with CAE and aligning it with the Contracted Flying Training and Support (CFTS) program managed by KF Aerospace, the Government of Canada now has both of its existing pilot training programs contracted through 2027. This will enable the Government of Canada to effect an orderly transition to the next-generation Future Aircrew Training (FAcT) program.

SkyAlyne, a joint venture between two Canadian-based companies CAE and KF Aerospace, is one of two qualified bidders for the FAcT program.

“Since acquiring the NFTC program in 2015, CAE has worked closely with the Royal Canadian Air Force to improve the quality and efficiency of pilot training, resulting in excellent pilot production over the past seven years,” said France Hébert, Vice President and General Manager, CAE Canada.  “With the NFTC contract now extended, the Government of Canada can focus on Future Aircrew Training.  Our SkyAlyne joint venture with KF Aerospace, representing the two incumbents for Canada’s current pilot training programs and a truly Canadian-based and founded qualified bidder, is perfectly positioned to ensure a smooth, low-risk transition that delivers a world-class training capability for the RCAF and significant economic benefits for Canada.”

As the prime contractor, CAE operates the NFTC base facilities, delivers the ground-school classroom and simulator training, and supports the live flying training with a cadre of instructors on a fleet of Beechcraft T-6 (CT-156 Harvard) and BAE Systems Hawk (CT-155 Hawk) aircraft.  CAE operates the NFTC program out of 15 Wing Moose Jaw in Saskatchewan and 4 Wing Cold Lake in Alberta in cooperation with the Government of Canada.  The NFTC program combines basic, advanced, and lead-in fighter training as part of the comprehensive military pilot training program.

Since NFTC program inception in 2000, more than 2,400 students have graduated to become military pilots and the fleet of CT-156 Harvard and CT-155 Hawk aircraft have flown more than 450,000 hours. 

About CAE

CAE’s Defence & Security business unit is at the leading edge of digital innovation providing training and mission support solutions across multi-domain operations – air, land, maritime, space and cyber.  Our training and operational support solutions are developed and delivered to customers who operate in complex, high-stakes environments where mission readiness and successful outcomes are critical.  Our acquisition of L3Harris’ Military Training business in 2021, including Link and Doss Aviation, has enabled us to create the world’s leading pure play, platform agnostic training and simulation company serving the global defence market.

CAE is a high technology company, at the leading edge of digital immersion, providing solutions to make the world a safer place. Backed by a record of more than 70 years of industry firsts, we continue to reimagine the customer experience and revolutionize training and operational support solutions in civil aviation, defence and security, and healthcare. We are the partner of choice to customers worldwide who operate in complex, high-stakes and largely regulated environments, where successful outcomes are critical. Testament to our customers’ ongoing needs for our solutions, over 60 percent of CAE’s revenue is recurring in nature. We have the broadest global presence in our industry, with approximately 11,000 employees, 160 sites, and training locations in over 35 countries. www.cae.com 

Follow us on Twitter @CAE_Inc and @CAE_Defence

Facebook: www.facebook.com/cae.inc

LinkedIn: www.linkedin.com/company/cae

- 30 -
Download
pdf - 516 KB
Contacts
Hélène V. Gagnon
Senior Vice President, Public Affairs, Global Communications and Corporate Social Responsibility
Send an email
Investor Relations
Andrew Arnovitz
Senior Vice President, Investor Relations and Enterprise Risk Management
Send an email
Trade Media
Wendy Stough
Director, Marketing & Communications
Send an email
Share