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CAE Inc (CAE.TO)

CAE.TO on Toronto Stock Exchange

19.90CAD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

CAE awarded contract by Airbus for about C$200 million
Monday, 13 Feb 2017 06:00am EST 

CAE Inc - : CAE awarded contract by Airbus for comprehensive c295w training solution for Canada's fixed-wing search and rescue program . Contract is worth approximately c$200 million over next 11 years . Contract includes options to extend an additional 15 years that would take value to more than c$300 million .As part of FWSAR program, rcaf will receive 16 c295w aircraft specifically modified for search and rescue.  Full Article

CAE signs series of commercial, business aviation training solution contracts valued at more than C$250 mln
Thursday, 19 Jan 2017 09:16am EST 

CAE Inc : CAE signs a series of commercial and business aviation training solution contracts valued at more than c$250 million . CAE Inc - announced today a series of aviation training contracts valued at more than c$250 million .Contracts include cadet-to-captain training programs, crew resourcing services, and sale of 12 full-flight simulators.  Full Article

CAE wins C$1 bln in training services contracts with U.S. Army and Royal Canadian Air Force
Thursday, 12 Jan 2017 06:02am EST 

CAE Inc : CAE wins more than C$1 billion in training services contracts with U.S. Army and royal canadian air force .CAE - contract with U.S. Army is for one year with eight one-year options until 2026.  Full Article

CAE Q1 earnings per share C$0.26 excluding items
Wednesday, 10 Aug 2016 09:10am EDT 

CAE Inc : CAE reports first quarter fiscal 2017 results and announces dividend increase . Q1 earnings per share view C$0.20 -- Thomson Reuters I/B/E/S . Q1 earnings per share C$0.26 excluding items . Q1 earnings per share C$0.25 from continuing operations . Q1 revenue C$651.6 million versus I/B/E/S view c$619.2 million . CAE will pay a dividend of 8 cents per share effective september 30, 2016 . Management outlook for fiscal 2017 unchanged .Board of directors has approved a half cent increase to CAE's quarterly dividend.  Full Article

CAE posts Q4 adj. earnings per share c$0.27
Thursday, 19 May 2016 08:40am EDT 

CAE Inc : CAE reports fourth quarter and full fiscal year 2016 results . Q4 earnings per share c$0.23 from continuing operations . Q4 earnings per share view c$0.25 -- Thomson Reuters I/B/E/S . Q4 revenue c$722.5 million versus I/B/E/S view c$676 million . Q4 earnings per share c$0.27 excluding items . Specific items this quarter include restructuring costs of $11.6 million related to cae's process improvement program . CAE expects revenue and operating income growth in all segments in fiscal year 2017 . Expects level of total capital expenditures in fiscal 2017 to remain relatively stable with prior year ($117.8 million) . Company continues to expect modest growth in defence and double-digit percentage growth in healthcare in fiscal 2017 . For standardized simulators, percentage-of-completion accounting will no longer be appropriate . Will be recognizing revenue upon completion for standardized simulators commencing in fiscal 2017 .Backlog of $6.4 billion at quarter-end.  Full Article

CAE Inc appoints Sonya Branco as Chief Financial Officer
Wednesday, 2 Mar 2016 09:00am EST 

CAE Inc:Says appointed Sonya Branco as the Company's Vice President, Finance and Chief Financial Officer, effective May 23.Sonya Branco succeeds Stephane Lefebvre.  Full Article

CAE Inc to acquire lockheed martin commercial flight training
Monday, 22 Feb 2016 08:00am EST 

CAE Inc:Has concluded a conditional agreement with Lockheed Martin Corporation to acquire Lockheed Martin Commercial Flight Training.Says Specific details of the transaction are not subject to release at this time.  Full Article

CAE receives regulatory approval for normal course issuer bid
Friday, 19 Feb 2016 06:00am EST 

CAE:received regulatory approval to proceed with its previously-announced normal course issuer bid to purchase, for cancellation, up to 5,398,643 of its common shares commencing Feb. 23, 2016 and ending Feb. 22, 2017.  Full Article

CAE Inc announces a series of training solution contracts valued at more than C$100 million with five airlines
Monday, 21 Dec 2015 06:00am EST 

CAE Inc:Says announced a series of training solution contracts valued at more than C$100 million with five airlines.  Full Article

CAE Inc awarded training solution contracts with over 15 airlines valued at more than C$300 million
Thursday, 15 Oct 2015 07:38am EDT 

CAE Inc:Awarded training solution contracts with over 15 airlines valued at more than C$300 million.  Full Article

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BRIEF-CAE reports Q3 earnings per share C$0.26 excluding items

* Q3 revenue c$682.7 million versus I/B/E/S view c$666.7 million