Netherlands MoD Signs Two Contracts With CAE Valued at CAD$60 million
Montreal, Canada (ots/PRNewswire)
- CAE Will Design and Deliver C-130H and KDC-10 Full-Mission Simulators
- CAE Will Provide 15 Years of Maintenance and Support Services
(NYSE: CGT; TSX: CAE) - CAE announced today that the Netherlands Ministry of Defence (NL MoD) has signed two contracts with a combined value of CAD$60 million ((euro)43 million) for CAE to design two full-mission simulators (FMS) for the Royal Netherlands Air Force (RNLAF) as well as provide comprehensive maintenance and support services.
CAE will design and manufacture one C-130H FMS and one KDC-10 FMS for the RNLAF to support flight and mission training. Both simulators will be qualified to Level D standards, the highest qualification for flight simulators, by the Netherlands Militaire Luchtvaart Autoriteit (Military Aviation Authority). The simulators will be delivered and made ready for training in early 2009.
The RNLAF operates the Lockheed Martin C-130H as a medium-lift transport aircraft, and operates the KDC-10 as a tanker and strategic transport.
"We are pleased to continue our long-standing relationship with the Royal Netherlands Air Force as a provider of state-of-the-art training systems," said Marc Parent, CAE's Group President, Simulation Products and Military Training & Services. "We have been training RNLAF CH-47 Chinook aircrews at our facility in the U.K. and C-130 aircrews at our facility in Tampa, and now look forward to providing high fidelity training systems and long term services to ensure the RNLAF C-130 and KDC-10 aircrews are mission-ready."
Both simulators will feature CAE's next-generation technology, including the CAE Medallion(TM)-6000 visual system and Liquid Crystal on Silicon (LCoS) projectors. Following delivery of the two simulators in 2009, CAE will provide on-site maintenance and support services.
CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding CAD$1 billion, CAE employs approximately 6,000 people at more than 75 sites and training locations in 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 27 civil aviation and military training centres, we train more than 75,000 crew members yearly. We also offer modelling and simulation software to various market segments and through CAE's professional services division, we assist customers with a wide range of simulation-based needs. http://www.cae.com
Contact:
For further information: CAE contacts: Nathalie Bourque, Vice
President, Public Affairs and Global Communications, +1-514-734-5788,
nathalie.bourque@cae.com; Trade media: Chris Stellwag, Director,
Marketing Communications, Simulation Products and Military Training &
Services, +1-813-887-1242, chris.stellwag@cae.com; Investor
relations: Andrew Arnovitz, Vice President, Investor Relations and
Strategy, +1-514-734-5760, andrew.arnovitz@cae.com