UPDATE 1-CAE wins contracts worth more than C$140 mln

OTTAWA Thu Jan 20, 2011 8:36am EST

OTTAWA Jan 20 (Reuters) - CAE Inc (CAE.TO) said on Thursday it has won a series of military contracts for its flight training and simulator systems valued at more than C$140 million.

The Canadian company said it won the contracts from companies including Lockheed Martin Corp (LMT.N), Boeing Co (BA.N) and EADS EAD.PA unit Airbus Military.

CAE, which sells to both civil and military aviation markets, said it continues to see opportunities and "solid order activity" for its military simulation products and services. ($1=$0.999 Canadian) (Reporting by Susan Taylor, editing by Gerald E. McCormick)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.