CAE Announces $67.6 Million Dollars In Contracts For A350, Other Simulators
Though it may be some time before the A350 XWB is ready to fly, a simulator for the new Airbus is already in development. CAE announced Thursday that it has signed a contract with Airbus to design and manufacture two CAE 7000 Series full-flight simulators (FFSs) for the Airbus A350 XWB, representing the world's first FFSs for the new long-range aircraft. In addition, CAE will develop six CAE Simfinity A350 XWB Airbus Procedures Trainers.
http://www.aero-news.net/news/commair.cfm?ContentBlockID=da348efa-6c1f-40a8-8af7-ee9ad31a5d84&Dynamic=1
CAE announces C$70 million in contracts for world's first two Airbus A350 XWB full-flight simulators, Airbus simulator upgrades, and Boeing 777 FFS for North American customer
Montreal, September 23, 2010 – (NYSE: CAE; TSX: CAE) – CAE today announced that it has signed a contract with Airbus to design and manufacture two CAE 7000 Series full-flight simulators (FFSs) for the Airbus A350 XWB, representing the world’s first FFSs for the new long-range aircraft. In addition, CAE will develop six CAE SimfinityTM A350 XWB Airbus Procedures Trainers. CAE also announced that it has signed contracts with Airbus to perform a range of upgrades on Airbus-owned FFSs, and that it has received a contract from a North American customer to provide a Boeing 777 FFS. The contracts are valued at approximately C$70 million and bring the total FFS sales that CAE has announced to date in fiscal year 2011 to nine.
CAE has designed, developed and delivered the word’s first full-flight simulators for more than 40 new aircraft representing 16 different original equipment manufacturers (OEMs).
"Airbus customers expect the highest standards of innovation, quality, safety, efficiency and service in their training programs," said Jeff Roberts, CAE’s Group President, Civil Simulation Products, Training and Services." He adds: “CAE has a long history of exceeding expectations, and we look forward to continuing this heritage by developing the first simulators and training devices for A350 XWB aircraft customers around the globe."
http://www.cae.com/news/details.ashx?lng=English&location=InvestorsNR&showEvents=False&count=0&id=1126&year=2010
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