CAE

CAE Inc. is a global leader in training for the civil aviation, defense, and healthcare markets, providing simulation technologies, training services, and integrated solutions. The company manufactures flight simulators and training devices, operates pilot training centers worldwide, and provides training to commercial airlines, business aircraft operators, and military organizations. CAE also offers healthcare simulation technologies for medical training and provides training support and services to defense forces. Founded in 1947 and headquartered in Montreal, Quebec, Canada, CAE has built the world's largest network of civil aviation training centers and is a leading provider of military flight simulators. The company benefits from global pilot shortages driving training demand, increasing aircraft deliveries requiring simulator-qualified pilots, and defense modernization programs. CAE generates recurring revenues from training services contracts with airlines and military customers. The company faces competition from aircraft manufacturers' training divisions and other simulator providers, along with capital intensity of simulator development. CAE continues to invest in simulator technology, training center expansion, and digital training solutions to serve growing global aviation training requirements.