CAE Defense Unit Craters In Latest Quarter, New Leaders Announced

CAE

Credit: JHVEPhoto / Alamy Stock Photo
A “shocker” disappointment in CAE’s defense business and a significant resetting of expectations in that division will bruise stakeholders in the short term and hurt the CAE CEO’s reputation. But financial analysts believe the Canadian simulation and training giant remains on track for overall...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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