CAE reports record order backlog in defence business

14 November 2018

Canadian modelling, simulation, and training services provider CAE has reported an 18% increase in revenues in its defence business year on year for the second quarter of fiscal year 2019, with the total defence backlog sitting at a record CAD4.4 billion (USD3.3 billion).

Second quarter defence revenues totalled CAD320.3 million, while orders amounted to CAD380.2 million, and the record amount on backlog represented a 19% year-on-year increase.

Wins in the defence division in the quarter included a contract for the provision of the company’s new 700MR series flight training device for the Royal New Zealand Air Force’s NH90 rotorcraft, as well as for C-130H aircrew training services and additional C-130J simulators for the US Air Force (USAF).

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