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Canada Awards CAE $265 Million C-130J Training Package

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CAE recently said that the Government of Canada has awarded a CAE-led team a contract worth about $265 million for a comprehensive Lockheed Martin [LMT] C-130J aircrew training equipment and services solution. "We are proud to lead the overall design and development of a Canadian training solution for the C-130J," Robert Brown, CAE's president and CEO said. "By leveraging the capabilities of CAE and other leading Canadian companies, we are benefiting many provinces across Canada while also positioning CAE for…

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