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April 1, 2021 | International, Aerospace

Cubic to go private in $3B sale to Veritas, Elliot

Cubic Corp. says it has accepted a proposal to sell itself for $75 per share.

https://www.defensenews.com/industry/2021/03/31/cubic-to-go-private-in-3b-sale-to-veritas-elliot

On the same subject

  • CAE awarded contract to provide U.S. Customs & Border Protection with aircraft pilot training services

    February 11, 2021 | International, Aerospace, Security

    CAE awarded contract to provide U.S. Customs & Border Protection with aircraft pilot training services

    On Feb. 9 at the CAE OneWorld virtual conference and tradeshow, CAE announced that CAE USA has been awarded a contract to provide United States Customs and Border Protection (CBP) with Aircraft Pilot Training Services. CAE USA will serve as one of the prime contractors on the indefinite delivery/indefinite quantity (ID/IQ) contract awarded by CBP. CAE USA will leverage the CAE Dothan Training Center and CAE's commercial and business aviation training centers to deliver simulator and live flight training services on a range of fixed-wing and rotary-wing platforms. CAE is featuring a 3D virtual walkthrough of its Dothan Training Center in the Innovation Hub as part of the CAE OneWorld 2021 virtual conference and tradeshow, which began today and is free to all attendees who register at https://www.caeoneworld2021.com. CAE OneWorld 2021 will be available online for the next month. CBP is the unified border agency within the U.S. Department of Homeland Security charged with the management, control and protection of the United States borders. CBP is one of the world's largest law enforcement organizations. “The award of the Aircraft Pilot Training Services program for Customs and Border Protection demonstrates CAE's unique ability to leverage both our defense and civil aviation businesses to deliver pilot training across numerous aircraft platforms,” said Dan Gelston, Group President, Defense & Security, CAE. “We look forward to supporting a key organization within the Department of Homeland Security and showcasing CAE's training experience and expertise.” CAE USA will be responsible for coordinating and delivering generic and aircraft-specific training to meet CBP and Federal Aviation Administration (FAA) certifications for pilots operating a variety of fixed and rotary-wing aircraft. CAE will deliver ground school (academic) and simulator training as well as live flight and other training to meet CBP and FAA requirements. Training will be delivered on multiple variants of the Beechcraft King Air (C-12) aircraft, Bombardier Dash-8 and Lockheed Martin/Sikorsky S-76B helicopter. In addition, CAE will deliver a range of flight instructor qualification and non-specific pilot and aircrew training courses. These include single and multi-engine fundamentals, ab-initio training and upset recovery training. This press release was prepared and distributed by CAE. https://skiesmag.com/press-releases/cae-awarded-contract-to-provide-u-s-customs-border-protection-with-aircraft-pilot-training-services/

  • Gilday: The budget request supports future fleet vision, even if it’s a smaller fleet

    July 21, 2021 | International, Naval

    Gilday: The budget request supports future fleet vision, even if it’s a smaller fleet

    The chief of naval operations remains firm that the fiscal 2022 budget request is well aligned with the U.S. Navy’s future fleet design plans – even if current spending levels would force the fleet to shrink instead of grow towards the 355-ship goal.

  • Quel plan de relance pour la défense ?

    April 28, 2020 | International, Aerospace, Naval, Land, C4ISR, Security

    Quel plan de relance pour la défense ?

    Les industriels de la défense, qui sont venus défendre l'idée d'un plan de relance devant les parlementaires le 23 avril dernier, évoquent plusieurs pistes possibles : maintien de la loi de programmation militaire a minima, nouvelles commandes, plan pour l'innovation et implication de la Commission européenne. « Pour la LPM (loi de programmation militaire), nous souhaitons son maintien et que des idées soient données pour ajuster ces programmes dans le but d'alimenter notre industrie de défense, souligne Eric Trappier, président du GIFAS. Il faut être capable de relancer notre économie sinon il y a un risque pour l'emploi et l'activité. Je suis très attaché à l'emploi dans les territoires. Avant de parler de relocalisation, il faut rappeler que l'industrie de défense se situe déjà en France ». La Tribune du 27 avril 2020

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