Core Points - CAE has signed a worldwide cooperation agreement with Saab, positioning CAE as Saab's preferred supplier for training and simulation related to the GlobalEye Airborne Early Warning and Control (AEW&C) aircraft and other platforms [1][2] - The partnership aims to enhance AEW&C training capabilities globally, with a specific focus on Canada's AEW&C program, combining Saab's surveillance leadership with CAE's training expertise [3][4] Group 1: Agreement Details - The agreement allows CAE to provide simulation-based training solutions for Saab's GlobalEye campaigns and other AEW&C programs, leveraging CAE's advanced integrated training systems [2][4] - CAE will utilize its global training center network to deliver pilot and maintenance training services, ensuring operational excellence across AEW&C platforms [2][3] Group 2: Economic Impact - The cooperation is expected to generate significant economic growth and create high-value jobs in Canada, strengthening the country's defense sector and driving the development of new intellectual property in surveillance platforms [3][5] - The partnership reflects a long-term vision for expanding AEW capabilities and enhancing operational readiness for GlobalEye users worldwide [2][4] Group 3: Strategic Importance - The collaboration responds to an evolving geopolitical landscape that necessitates stronger, integrated partnerships in defense [2][3] - Canada and Sweden's strong relationship as NATO allies is highlighted, emphasizing the importance of trade and investment agreements like CETA [5]