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BRIEF-CAE awarded contract by Airbus for about C$200 million

Published 2017-02-13, 06:10 a/m
© Reuters.  BRIEF-CAE awarded contract by Airbus for about C$200 million
CAE
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Feb 13 (Reuters) - CAE Inc CAE.TO -

* 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 Source text for Eikon: ID:nMKWlrx7Na Further company coverage: CAE.TO

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