CAE Buys Canadian Assets Of TRU Simulation + Training

Airbus A320 simulator
Credit: Airbus
Pilot training and simulator leader CAE of Canada is buying the Canadian-based assets of TRU Simulation + Training from Textron for $40 million in cash, the companies announced Nov. 25. The sale revolves around TRU Simulation + Training Canada Inc., which includes its Montreal manufacturing...

Subscription Required

 

CAE Buys Canadian Assets Of TRU Simulation + Training is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.