Paris Air Show: CAE sets a record
On 31 May, CAE released its end of year financial results. By any standard, the results were significant and saw a record breaking CAD$7.5 billion order backlog, $4.2 billion of which came from the defence and security division.
With annual revenues up to $2.7 billion, the past year has been a very positive one for the Montreal headquartered company and as a result, stock price has risen from $15 to $22 over the last 12 months.
Shephard asked Gene Colabatistto, group president defence and security at CAE what has led to this surge.
‘If you look back over the past
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