M&A research that takes seconds (not all afternoon), Better understand your customers and prospects. See the latest information on how CAE is responding to the COVID-19 pandemic. The acquisition, which was first announced on November 8, 2018, is expected to provide high single-digit EPS accretion for CAE within its first full year and to be free cash flow(1) accretive as well. These measures should not be confused with, or used as an alternative for, performance measures calculated according to GAAP. TD Securities acted as exclusive financial advisor to CAE. Management believes that providing certain non-GAAP measures provides users with a better understanding of our results and trends and provides additional information on our financial and operating performance. They have also been filed with the U.S. Securities and Exchange Commission under Form 40-F and are available on EDGAR (www.sec.gov). We have the broadest global presence in the industry, with over 9,000 employees, 160 sites and training locations in over 35 countries. https://www.ainonline.com/aviation-news/business-aviation/2019-11-05/cae-seals-deal-buy-50-simcom-dac, Copyright ©2020 The Convention News Company, Inc. All Rights Reserved. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. We do not update or revise forward-looking information even if new information becomes available unless legislation requires us to do so. For example, the CAE for the Coast Guard was nominated and designated, but GAO found the CAE did not have the acquisition experience that guidance suggests for the position. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Acquisition functions falling under the CAE’s purview include product conceptualization, program initiation, design, development, test, production, deployment, logistical support, modification, and product disposal. ", CAE is a global leader in delivery of training for the civil aviation, defense and security, and healthcare markets. CAE has finalized its 50 percent acquisition of Simcom from Directional Aviation Capital (DAC), some two months after the deal was announced, … A total of 4 acquisitions came from private equity firms. Non-GAAP measures are useful supplemental information but may not have a standardized meaning according to GAAP. "CAE provides access to technology and training expertise that will allow us to better serve both internal and external customers.". "CAE's investment in Simcom along with our new long-term partnership will allow us to realize our vision of creating industry-leading training solutions for private aviation," said DAC principal Kenn Ricci. Health.mil: the official website of the Military Health System (MHS), How the MHS provides safe, quality care when and where you need it, Learn how to do business with the Defense Health Agency, Standardizing business operations and reducing costs, Combat support, medical readiness, combatant commander, How MHS treats health conditions our patients may face, Environmental Exposures, Surveillance Tools, Reserve Health Readiness Program, and more, Military Health System, Reform Efforts, Military Treatment Facility Transition, Organizational Changes, Market-Based Structure, National Museum of Health and Medicine, MHS Honors and Remembers, Medal of Honor Recipients, Integrative Wellness, Physical Activity, Sleep, Nutrition, Tobacco-Free Living, Mental Wellness, Research, Development and Innovation in the Military Health System, Information Technology Supporting the Military Health System. +1-514-340-5536, [email protected], Chris Stellwag, Director, Marketing Communications - Defence and Security, The results or events predicted in these forward-looking statements may differ materially from actual results or events. The acquisition of Bombardier’s flight and technical training operations expands CAE’s ability to address the training market for customers operating Bombardier business jets, which at more than 4,800 aircraft, is one of the largest and most valuable in-service fleets of business aircraft in the world. We design and integrate the industry's most comprehensive training solutions, anchored by the knowledge and expertise of our 8,000 employees, our world-leading simulation technologies and a track record of service and technology innovation spanning seven decades.
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