CAE stands to grow with global upswing in military spending, CEO says
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CAE stands to grow with global upswing in military spending, CEO says
After the close of trading Tuesday, CAE reported a fourth-quarter profit attributable to equity holders of $135.9-million or 42 cents per share for the quarter ended March 31
·Canada
Read Full ArticleCAE Stands To Grow With Global Upswing In Military Spending, CEO Says - Canadian Manufacturing
Flight simulator maker CAE Inc. stands to grow with a global upswing in military spending, chief executive Marc Parent said Wednesday as the company reported its latest quarterly results. Parent pointed to increasing defence budgets across NATO and allied countries, including a notably stronger commitment from Canada. “Increasing defence budgets are driving demand for the advanced training and simulation solutions where CAE has a clear competiti…
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