CAE Selling Health Care Unit To Focus On Aerospace, Defense

Michael Bruno October 24, 2023
CAE logo

 

Credit: Timon Schneider/Alamy Stock Photo
CAE is selling its health care business to private equity investors for C$311 million ($219 million), subject to “customary adjustments,” so that the Canadian aerospace and defense training leader can pay off debt and focus on the latter markets, the company said Oct. 24. “This decision to...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

Subscription Required

 

CAE Selling Health Care Unit To Focus On Aerospace, Defense is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.

Login Learn How
Aviation Week Intelligence Network
Monitor the market and connect your business to the people, programs and proprietary data driving the Commercial Aviation market - only available with AWIN.

AVD_AWIN_270

Stay Connected.
Stay Informed.
Grow Your Business.

Learn How