• New suite of innovations added to virtual, constructive and aircraft flight training  

Fixed-Wing Flight Training ServiceDothan, AL, January 18, 2023 – (NYSE: CAE; TSX: CAE) – CAE announced today that CAE Defense & Security has been awarded the competitive re-compete for Fixed-Wing Flight Training Service by the United States Army. The contract provides comprehensive initial and recurrent training for more than 600 U.S. Army and U.S. Air Force fixed-wing pilots annually.

The firm-fixed-price award has an approximate total value of US$250 million through 2032 distributed from an initial base period and seven single-year options.

“We are honored that the U.S. Army has once again selected the CAE Dothan Training Center to support the readiness of their future fixed-wing aviators,” said Dan Gelston, Group President, CAE Defense & Security. “The training center is a prime example of delivering live, virtual and constructive training with adaptive technologies and agile learning to deliver the highest quality instructional solutions to our military customers.”

CAE Defense & Security has provided Army Fixed-Wing training at the company-owned company-operated Dothan Training Center in Alabama since the initial contract award in 2016.  The state-of-the-art facility, near the U.S. Army’s Aviation Center of Excellence (USAACE) at Fort Rucker supports initial and recurrent training for transitioning Army rotary-wing aviators and Army initial-entry fixed-wing students.

“CAE provides a world-class training program that balances academics, simulation, and aircraft flight training,” said Merrill Stoddard, Vice President and General Manager, CAE Defense & Security Readiness Solutions. “We leverage modern training solutions to deliver scenario-based training specific to the Army’s fixed-wing requirements.”

The Fixed-Wing Flight Training Service program features academic, simulation and aircraft flight training, including the CAE Trax Academy which augments the current ground-based training assets with self-paced virtual and augmented reality (VR/AR) training in both the C-12 and Grob G-120TP.  CAE also provides Grob G120 TP flight training devices and a suite of desktop trainers and courseware in addition to a fleet of C-12U King Air aircraft owned and maintained by the U.S. Army and operated by CAE instructors to deliver C-12 King Air aircraft flight training.