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CAE has received all the required regulatory approvals for the acquisition of L3Harris Technologies' Military Training business for US$1.05 billion subject to customary adjustments and expects closing to be complete July 2021.
The acquisition of L3Harris' Military Training business will expand CAE's position as a platform-agnostic training and simulation company serving the global defence and security market. The L3Harris Military Training business, which includes Link Simulation & Training, Doss Aviation and AMI, will be integrated with CAE USA. This will approximately double CAE's core military training business in the United States. The Acquisition will also serve to broaden CAE's ability to provide training and operational support solutions across multi-domain operations by diversifying CAE's training and simulation leadership in the air domain, complementing land and naval training solutions, and enhancing CAE's capabilities in space and cyber.
With this Acquisition, CAE will add significant experience in the development and delivery of training systems for fighter and bomber aircraft, US Army rotary-wing platforms, submarines and remotely piloted aircraft. CAE USA will become the prime contractor or key subcontractor on a range of programs, including the United States Air Force (USAF) Simulators Common Architecture Requirements and Standards (SCARS) program, USAF F-16 Simulators Training Program (STP), US Navy/Marine Corps F/A-18 aircrew training systems, USAF initial flight training, USAF Ground Based Strategic Deterrent (GBSD) training and USAF B-2 training system.
"As the United States and its allies train for a near-peer threat, we expect increasing demand for simulation-based training and the use of synthetic environments across all battlespace domains,” said Daniel Gelston, Group President, Defence & Security, CAE. “This Acquisition will significantly strengthen our ability to provide the digitally immersive solutions for training and operational support that are needed for multi-domain operations."
Check out our exclusive interview with CAE's Dan Gelston on the Acquisition of L3Harris Military Training here.