Lockheed Martin awards CAE a C$24 million contract to develop Hawk 128 full-mission simulators for U.K. MFTS program
June 10 2008 - 3:00AM
Marketwired
BURGESS HILL, UNITED KINGDOM (TSX: CAE) - CAE today announced
that Lockheed Martin has awarded CAE U.K. plc a contract to design
and manufacture two Hawk 128 full-mission simulators (FMSs) and
related training support services as part of the U.K.'s Military
Flying Training System (MFTS) program. The contract is valued at
more than C$24 million (pounds sterling 11.8 million). Contract
options for maintenance and support services could bring the total
value to more than C$48 million (pounds sterling 24 million).
The U.K. MFTS program is a private finance initiative (PFI) led
by Ascent, a joint venture of Lockheed Martin and VT Group. Ascent
will provide comprehensive training to all new U.K. military
aircrew across the Royal Navy, Army and Royal Air Force (RAF).
Under terms of the contract, CAE will develop two Hawk 128 FMSs
as part of the new Hawk 128 ground-based training system. The Hawk
128, manufactured by BAE Systems, was selected as the U.K.'s new
advance jet trainer aircraft. The two Hawk 128 FMSs will be
delivered in the summer of 2010 to Ascent's training centre at RAF
Valley.
The CAE-built Hawk 128 FMSs will feature a high-fidelity replica
of the Hawk 128 cockpit with CAE's Medallion(TM)-6000 image
generator producing the visuals displayed on an 11-foot
front-projection dome display. The Hawk 128 FMSs will also feature
the CAE-developed common database (CDB), a new and open standard
database architecture that is both rapidly updateable and enables
correlated distributed mission training. Following delivery of the
Hawk 128 FMSs, Ascent has the option to contract CAE to provide
on-site maintenance and support services.
"We are extremely pleased that Lockheed Martin has selected CAE
for the development of the Hawk 128 synthetic training equipment,"
said Nic Anderson, Managing Director of CAE U.K. plc. "The U.K.'s
MFTS program is a long-term PFI that will provide a number of
simulation equipment opportunities over the next 25 years, so we
are excited to win this competition and be involved from the
outset."
CAE is a world leader in providing simulation and modelling
technologies and integrated training solutions for the civil
aviation industry and defence forces around the globe. With annual
revenues exceeding C$1.4 billion, CAE employs more than 6,000
people at more than 75 sites and training locations in 20
countries. We have the largest installed base of civil and military
full-flight simulators and training devices. Through our global
network of 27 civil aviation and military training centres, we
train more than 75,000 crewmembers yearly. We also offer modelling
and simulation software to various market segments and, through
CAE's professional services division, we assist customers with a
wide range of simulation-based needs.
Contacts: CAE Inc. Nathalie Bourque Vice President, Public
Affairs and Global Communications 1-514-734-5788
nathalie.bourque@cae.com www.cae.com Trade media CAE Inc. Chris
Stellwag, Director, Marketing Communications, Simulation Products
and Military Training & Services 1-813-887-1242
chris.stellwag@cae.com Investor relations CAE Inc. Andrew Arnovitz
Vice President, Investor Relations and Strategy 1-514-734-5760
andrew.arnovitz@cae.com
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