CAE Buys L3 Military Training To Become Second-largest U.S. Provider

Northrop Grumman B21
B-21
Credit: U.S. Air Force
Canadian pilot training and simulator leader CAE has announced its fourth acquisition in as many months, marking a major move into the U.S. military market with the purchase of rival L3Harris Military Training for $1.05 billion, the companies said March 1. The acquisition doubles CAE’s U.S. military...
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.

Subscription Required

 

CAE Buys L3 Military Training To Become Second-largest U.S. Provider 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.