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CAE

AviationDefenceTSX: CAE · Nasdaq: CAESaint-Laurent, QC

Saint-Laurent, Quebec company building flight and mission simulators, training systems and training centres for civil aviation and for defence and security forces across air, land, maritime, space and cyber.

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About

Company site: cae.com

Saint-Laurent, Quebec company building flight and mission simulators, training systems and training centres for civil aviation and for defence and security forces across air, land, maritime, space and cyber.

  • Defense and Security, one of CAE's two reported segments, brought in $2,172.4 million of $4,914.0 million FY2026 revenue (44%); Civil Aviation brought in the other 56%. sec.gov

  • CAE's FY2026 audited financial statements give its registered and main office as 8585 Côte-de-Liesse, Saint-Laurent, Québec, and state that the company is incorporated and domiciled in Canada. sec.gov

  • SkyAlyne, CAE and KF Aerospace's partnership, won a $11.2 billion, 25-year Government of Canada contract (May 2024) for RCAF Future Aircrew Training; CAE's sub-contract is worth about $1.7 billion. sec.gov

  • Trades on the TSX under CAE. CAE moved its U.S. listing from the NYSE to Nasdaq, with Nasdaq trading expected to start on 23 July 2026 under the same symbol. sec.gov

  • Announced in May 2026 that it is pursuing strategic alternatives, including a possible sale, for Flightscape, its aviation software business; the review was still under way in August 2026. cae.com

  • Turkish Airlines ordered five full-flight simulators and two flight training devices in July 2026 for delivery by 2029, with an option on two further full-flight simulators. Options are not orders. cae.com

  • Its review of strategic alternatives for Flightscape was still under way in August 2026, described in its Q1 FY2027 release as progressing well and generating strong interest. sec.gov

Products & Services

Company site: cae.com

Products CAE publishes on its own site. Each card links to the page it was taken from.

CAE GESI

Constructive simulation

Constructive simulation system for joint and combined command-and-staff exercises at tactical and operational levels, with commanders working from their own command posts and live C2 systems.

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Action Speed Tactical Trainer (ASTT)

Maritime whole ship training

Networked simulation system for naval command-team training. Workstations can be set up as ships, submarines, aircraft or shore sites, and a game controller sets the scenario, forces, sensors and objectives.

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CAE 7000XR Series

Full-flight simulator

Level D full-flight simulator for airline pilot training, which CAE says is built to "surpass Level D regulatory requirements". Commercially sold; supported aircraft types are not listed on the product page.

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CAE Prodigy Image Generator

Simulator image generation

Visual system for flight simulators, built on Epic Games' Unreal Engine, which CAE describes as delivering "high-fidelity graphics and physics-based simulation". Commercial, and being retrofitted onto fielded simulator suites.

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CAE Rise

Training analytics

Training analytics system that grades standard-operating-procedure adherence from objective simulator data, with an instructor eGrading application. Commercially available.

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Deployment & Services

Company site: cae.com

How CAE says its technology can be deployed and delivered.

Partnerships

Publicly announced partnerships.

KF Aerospace

Co-owner of SkyAlyne, the CAE–KF Aerospace partnership that holds the 25-year RCAF Future Aircrew Training contract.

Saab

Teaming agreement (May 2026) to support Canada's GlobalEye-based AEW&C program, building on a worldwide cooperation agreement that makes CAE Saab's preferred training and simulation partner for AEW&C.

Saab (Gripen)

Memorandum of understanding (July 2026) on Gripen pilot and technician training, simulator operations and sustainment in Canada. Explicitly conditional on Canada selecting Gripen.

Aeroports de Montreal / Espace Aero

Announced collaboration (July 2026) to design the YMX Control Centre at Mirabel, part of the Uncrewed Systems Defence Innovation Secure Hub. No value disclosed.

Government & Grants

Government support actually received. Unpublished amounts are left out.

  1. Innovation for Defence Excellence and Security (IDEaS) Competitive Projects, National Defence — defence contract (Spot the Hack challenge, stage 1a: Adaptive 1553 Intrusion Detection System)

  2. Innovation for Defence Excellence and Security (IDEaS) Competitive Projects, National Defence — defence contract (Spot the Hack challenge, stage 1b: Adaptive 1553 Intrusion Detection System)

  3. Strategic Innovation Fund Stream 1 (R&D), Innovation, Science and Economic Development Canada — other transfer payment (Project Resilience)

  4. Strategic Innovation Fund Stream 1 (R&D), Innovation, Science and Economic Development Canada — other transfer payment (Project Digital Intelligence)

Recent News

  1. Jul 9, 2026Other

    CAE to transfer U.S. stock exchange listing to Nasdaq

    CAE said it would voluntarily move its U.S. listing from the NYSE to the Nasdaq Global Select Market. The last NYSE trading day was expected to be 22 July 2026 and Nasdaq trading was expected to start on 23 July 2026. The TSX listing is unaffected, and the ticker stays CAE on both exchanges.

  2. May 27, 2026Partnership

    CAE and Saab strengthen partnership with teaming agreement for Canada's Airborne Early Warning and Control (AEW&C) based on the GlobalEye platform

    CAE signed a teaming agreement with Saab to support Canada's Airborne Early Warning and Control program based on the GlobalEye platform. CAE will contribute flight, mission and rear-crew training, and the partners will also look at mission system support, LVC integration and simulation for the Canadian program.

  3. Feb 12, 2025Government

    Government of Canada announces strategic partner for its Future Fighter Lead-in Training program

    Public Services and Procurement Canada named CAE the Government of Canada's strategic partner to work with the RCAF on developing and refining the Future Fighter Lead-in Training program, which will train pilots moving to Canada's future fighter jets.

Technology Focus

Company site: cae.com

Terms the company uses about its own work.

Flight simulatorsTraining systemsConstructive simulationLive, virtual and constructive trainingMission support

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