CAE shakes up the S&T market
CAE has bought the L3 Harris Military Training business that includes Link, L3 Doss and AMI in a move that will provide the Montreal company with added mass as it continues to grow its way out of the COVID-19 crisis.
CAE has pulled off one of the biggest coups in the history of the simulation and training (S&T) industry by acquiring L3Harris Military Training for US$1.05 billion. That military training business includes Link Simulation & Training, Doss Aviation and AMI.
The acquired assets will operate under CAE USA in Tampa and the deal is expected to be completed in the second half of this year.
The acquisition will provide CAE with access to training devices associated with the F-16 (see photo) , F/A-18 and US Army rotary-wing platforms for the domestic US and FMS markets, as well as the B-2
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