CAE wins contracts valued at AUD$46 million (C$39 million) to build A330 tanker simulator and provide support services for RAAF

Apr 05, 2006, 01:00 ET from CAE INC.

    SYDNEY, Australia, April 5 /PRNewswire-FirstCall/ - (NYSE:   CGT; TSX: CAE)
 - CAE has won contracts from prime contractor EADS CASA and the Commonwealth
 of Australia valued at approximately AUD$46 million (C$39 million) to provide
 a turnkey training capability and five years of support services for the Royal
 Australian Air Force's (RAAF) new A330 Multi-Role Tanker Transport (MRTT)
     Under terms of the contract with EADS CASA, CAE will provide an A330 MRTT
 full flight and mission simulator (FFMS), a new training facility, and a CAE
 Simfinity(R)-based mission systems trainer. In addition, CAE has signed an
 initial agreement directly with the Commonwealth of Australia to provide five
 years of support services for the A330 MRTT training systems. The provision of
 support services will be contracted as part of CAE's existing Management and
 Support of Australian Defence Forces (ADF) Aerospace Simulators (MSAAS)
     "For EADS CASA, it is very satisfying to have CAE on board for the
 Australian Tanker Program", said Miguel A. Morell, A330 MRTT Australia Program
 Director. "The contract with CAE for the development of the latest generation
 of full flight and mission simulator in conjunction with construction of a new
 training centre facility is a major milestone for the program and another step
 for EADS CASA toward the successful achievement of providing the RAAF with the
 most advanced MRTT Tanker anywhere in the world."
     "This adds another full flight and mission simulator to the RAAF's stable
 of simulators provided and supported by CAE", said Air Vice-Marshal Clive
 Rossiter, Head of the Aerospace Systems Division for the RAAF. "The ability to
 roll the support arrangements for this simulator into an existing multi-
 simulator support contract offered benefits to both parties."
     The A330 MRTT simulator will be delivered to RAAF Amberley in Queensland
 in 2009. The RAAF is acquiring five A330 aircraft that will serve as refueling
 tankers as well as strategic airlift aircraft capable of carrying troops and
     "This is a key win for CAE in Australia and we're pleased to continue our
 long-standing relationship with the RAAF as their provider of high-fidelity
 airlift and tanker training solutions," said Alan Johnson, Managing Director
 of CAE's Military Simulation and Training operation in Australia. "CAE is a
 leading provider of simulators for Airbus aircraft and we have established an
 excellent relationship with EADS CASA on the A330 MRTT program for Australia,
 which should position us for possible future tanker opportunities."
     CAE is a world-leading provider of simulation and modelling technologies
 for civil aviation and military customers. With annual revenues of
 approximately C$1 billion, the company operates in 18 countries around the
 world. CAE has sold nearly 700 simulators and training devices to airlines,
 aircraft manufacturers, training centres and defence forces for air and ground
 purposes in more than 40 countries. With over 100 full-flight simulators in
 more than 20 aviation training centres serving approximately 3,500 airlines,
 aircraft operators and manufacturers across the globe, CAE is a world leader
 in aviation, maintenance and crew training services. CAE licences its
 simulation software to various market segments and has a professional services
 division assisting customers with wide-ranging simulation-based needs.