CAE, Saab sign co-operation agreement for GlobalEye

Executive Summary

• CAE Inc. signed a worldwide co-operation agreement with Saab to serve as the preferred supplier for select training and simulation requirements for Saab's GlobalEye airborne early warning and control (AEW&C) aircraft and other platforms.
• The agreement includes a specific component focused on Canada's AEW&C program, aiming to deliver a comprehensive solution combining Saab's surveillance leadership with CAE's training capabilities.
• The partnership leverages CAE's global training center network and advanced simulation expertise to support pilot and maintenance training, enhancing operational readiness for defense forces globally and in Canada.

Key Details

• Agreement Scope: Worldwide co-operation agreement positioning CAE as Saab's preferred supplier for select training and simulation requirements related to GlobalEye and other platforms.
• Canada-Specific Component: A separate agreement to jointly pursue Canada's AEW&C program, combining Saab's airborne surveillance leadership with CAE's training and simulation capabilities.
• Training Solutions: CAE will provide simulation-based training solutions for international GlobalEye campaigns and other AEW&C programs.
• Technical Expertise: Collaboration involves development and delivery of flight training devices, integrated mission platforms, and a modern training ecosystem combining digital content with mission/training environments to replicate real-world operational complexity.
• Services Provided: CAE will utilize its global training center network to provide pilot and maintenance training services for AEW&C platforms.
• Economic Impact: The Canada-focused activities are expected to generate significant economic growth, create high-value jobs, strengthen the Canadian defense sector, and drive the development of new intellectual property in surveillance platforms.
• Strategic Context: The partnership reflects years of trust between the companies and responds to an evolving geopolitical landscape requiring stronger, integrated defense partnerships.

Notable Quotes

• Matt Bromberg, President and CEO, CAE: "The agreement between Saab and CAE sets the stage for global AEW&C training franchise anchored in Canada... Today's announcement reflects years of trust and joint success with Saab and responds to an evolving geopolitical landscape that demands stronger, integrated partnerships."
• Micael Johansson, President and CEO, Saab: "This partnership strengthens our commitment to GlobalEye customers and reinforces our strategy to deliver world-leading airborne early warning capabilities with best-in-class training... together we will increase the operational readiness for airborne early warning platform users around the world."