Announced
Completed
Financials
Tags
Majority
Acquisition
Defense
Single Bidder
military training solutions
United States
Domestic
Friendly
Private
Completed
Synopsis
CAE, a high technology company, completed the acquisition of the Military Training business of L3Harris Technologies, an agile global aerospace and defense technology innovator, for $1.05bn. "The proposed acquisition represents a significant value creation opportunity for all CAE stakeholders. It accelerates our growth strategy in Defence and Security and is highly complementary to our core military training business, broadening our position in the United States," Marc Parent, CAE President and CEO.
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