CAE awarded contracts by Chinese and Russian customers valued at more than C$50m

CAE has sold four Level D full-flight simulators (FFS), two each to customers in China and Russia. The sales include the first two FFSs, associated training devices and the CAE Augmented Engineering Environment (AEE) for the new C919 aircraft being developed by Commercial Aircraft Corporation of China, Ltd. (COMAC). They also include two simulators, a Boeing 737NG and a Bombardier CRJ200, to Russian aviation equipment company NITA (New Information Technologies in Aviation). In addition, CAE sold simulator update services to various customers. The contracts are valued at more than C$50m at list prices and bring the total FFS sales that CAE has announced to date during fiscal year 2013 to 23.