The Latest Breaking News from CAE Inc

Driven by breakthroughs in technology and increased government support, the defense technology sector is on a steady growth trajectory. To capitalize on this trend, investing in solid defense technology stocks Northrop Grumman (NOC), CAE Inc (CAE), and Science Applications (SAIC) could be wise. Read on….

CAE Inc sees its Relative Strength Rating reach the 80-plus level.

CAE (CAE) reported solid top-to-bottom-line growth in the last reported quarter, driven by continued strength and transformation of its business segments. Further, analysts seem bullish about the company’s prospects. As the company gears to release its second-quarter results tomorrow, let’s determine if it is an opportune time to invest in…

CAE Inc (NYSE:CAE) has agreed to develop and qualify flight simulation training devices that will be used to train the future pilots of Joby Aviation Inc's (NYSE:JOBY) all-electric aircraft. CAE will work with Joby to develop pilot training devices specifically for electric vertical take-off and landing (eVTOL) aircraft. Joby is currently working with the Federal…

CAE Inc (NYSE:CAE) reported third-quarter FY22 revenue growth of 2% year-over-year to C$848.7 million. Sales by segments: Civil Aviation Training Solutions C$390.1 million (-5% Y/Y); Defence and Security C$426.5 million (+42% Y/Y); and Healthcare C$32.1 million (-73% Y/Y). Order intake for the quarter increased by 94% Y/Y to C$1.38 billion, and the total…