Stocks / NYSE / CAE Inc


Company Description

CAE, Inc. engages in the provision of simulation and modeling technologies and training services to the civil aviation, defense, healthcare, and mining markets. It operates through the following segments: Civil Aviation Training Solutions, Defence & Security, and Healthcare. The Civil Aviation Training Solutions segment involves in providing training solutions for flight, cabin, maintenance and ground personnel in commercial, business, and helicopter aviation. The Defence & Security segment offers training centres, training services and simulation products as a training systems integrator to defence and security forces. The Healthcare segment includes the designing, manufacturing, and selling of simulators, audiovisual solutions, and courseware for training of medical and allied healthcare students and clinicians in educational institutions, hospitals and defence organizations. The company was founded by Kenneth R. Patrick on March 17, 1947 and is headquartered in Montreal, Canada. [Source: MarketWatch]

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