Business Summary
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 C$1.4 billion, CAE employs approximately 7,000 people at more than 75 sites and training locations in 20 countries. They have the largest installed base of civil and military full-flight simulators and training devices. Through their global network of 27 civil aviation and military training centres, CAE was founded in 1947 and is headquartered in Canada. With clients in over 100 countries, CAE has the broadest global reach of any simulation and training equipment and services company on the market. Ninety per cent of CAE's annual revenues are derived from worldwide exports. CAE's shares are traded on the Toronto and New York stock exchanges (TSX: CAE; NYSE: CGT). Dedicated to innovation, we devote 10 percent of our annual revenues to research and development.
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