CAE awarded contract to deliver Australia's Future Air Mission Training System

Core Insights - CAE has secured a significant contract with the Commonwealth of Australia to deliver the Future Air Mission Training System (F-AMTS) for the Royal Australian Air Force (RAAF), valued at over $270 million CAD [2][5] - The contract spans an initial 10-year performance period and aims to enhance next-generation air mission training capabilities for the Australian Defence Force [2][5] - The F-AMTS will transform RAAF's training approach, integrating advanced learning environments and synthetic training elements to replicate real-world operational complexities [3][4] Company Overview - CAE is committed to making the world safer by providing cutting-edge training, simulation, and critical operations solutions for aviation professionals and defense forces [6] - The company has a global presence with approximately 13,000 employees across 240 sites in over 40 countries, focusing on innovation and sustainability in training solutions [6] - CAE has a longstanding partnership with the RAAF, which began in 1994, and the new training system is expected to create over 40 skilled jobs in Victoria, Australia [5][6]