Acquisition strengthens CAE's global civil training capabilities Expands addressable market for simulator lifecycle support Adds order backlog and access to new customers CAE's second acquisition ...

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 ...

(RTTNews) - Textron Inc. (TXT) said its TRU Simulation + Training Inc. unit has agreed to sell certain of its non-U.S. businesses to CAE Inc. for $40 million, excluding post-closing adjustments.

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today announced that its TRU Simulation + Training Inc. subsidiary has reached a definitive agreement to sell certain of its non-U.S.

MONTREAL - CAE Inc. has signed a deal with Textron to buy TRU Simulation + Training Canada Inc. for US$40 million. The company says the acquisition of expands its installed base of commercial flight ...

Information gathered by FlightGlobal shows that the number of commercial airliner simulation devices currently in use is close to 1,270 units – up by about 50 simulators on the total at the same point ...

Acquisition strengthens CAE's global civil training capabilities Expands addressable market for simulator lifecycle support Adds order backlog and access to new customers CAE's second acquisition ...

CAE, a Montreal-based provider of training and operational support for the civil aviation, defense and security and health care markets, has agreed to acquire TRU Simulation + Training Canada from ...