CAE completed the acquisition of the Military Training business of L3Harris Technologies for $1.05bn.

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.