CAE (TSX:CAE) Signs Saab Defence Deal, Renews Share Buyback

Highlights

• CAE signed a teaming agreement with Saab for Canada's AEW&C program.
• Defence activities continued to support business performance across fiscal operations.
• Regulatory approval renewed the company's normal course issuer bid.

CAE advances aerospace training and defence collaboration through Saab while continuing worldwide simulation operations as part of the S&P/TSX Composite Index and industrial sector.

CAE Inc (TSX:CAE) operates in the aerospace and defence technology sector, delivering simulation, training, and digital solutions for civil aviation and military customers worldwide. As a constituent of the S&P/TSX Composite Index, the company is recognized within the Canadian Industrial Stocks category. Recent developments include a defence collaboration with Saab for Canada's Airborne Early Warning and Control program together with the renewal of its normal course issuer bid.

Defence Collaboration With Saab

CAE Inc (TSX:CAE) entered a teaming agreement with Saab to pursue Canada's Airborne Early Warning and Control (AEW&C) program based on the GlobalEye airborne surveillance platform.

The collaboration combines Saab's airborne surveillance aircraft with CAE's experience in simulation, mission training, and operational readiness solutions. Should the program proceed, training systems would support flight crews, mission operators, and maintenance personnel through advanced simulation technologies.

Airborne Early Warning and Control platforms provide surveillance, command, control, and situational awareness capabilities for military operations. Training systems form an essential component of these programs by enabling personnel to develop operational proficiency through realistic mission environments.

Core Business Operations

CAE develops simulation equipment, training services, digital learning technologies, and mission support systems serving commercial airlines, business aviation operators, defence organizations, and public safety agencies.

Civil Aviation remains one of the company's largest operating segments, supplying full-flight simulators, training centres, pilot instruction, cabin crew training, maintenance instruction, and digital aviation services. Customers include airlines, aircraft manufacturers, and business aviation operators across multiple international markets.

The Defence and Security segment provides military flight training, mission rehearsal, intelligence support, helicopter training, healthcare simulation, and operational readiness services for defence organizations worldwide.

Operations extend across North America, Europe, Asia-Pacific, the Middle East, and other international regions through an extensive network of training centres and service facilities.

Renewal of the Normal Course Issuer Bid

The company also received regulatory approval to renew its normal course issuer bid, allowing share acquisitions through the open market in accordance with applicable exchange requirements.

Normal course issuer bids are commonly used by publicly listed Canadian companies under established exchange rules. The authorization establishes the maximum number of shares that may be acquired during the approved period while remaining subject to regulatory conditions.

The renewal occurred alongside broader operational updates during the current fiscal year.

Civil Aviation and Defence Activity

Civil aviation training experienced changing demand patterns following the strong recovery that followed the global pandemic. Airline fleet utilization, pilot recruitment, aircraft deliveries, and recurrent certification requirements continue to influence training activity throughout the aviation industry.

At the same time, defence operations have remained supported by military modernization programs, pilot training requirements, simulation technologies, and long-term service agreements.

As a constituent of the S&P/TSX Composite Index, CAE operates within an industrial segment where aerospace technology companies continue supplying advanced simulation systems for commercial and defence applications.

Technology and Innovation

Simulation technology remains central to company operations. Products include full-flight simulators, mission simulators, virtual training environments, synthetic battlefield systems, and digital learning platforms.

Advanced software enables realistic flight modelling, operational scenarios, emergency procedures, and mission planning across fixed-wing aircraft, helicopters, maritime patrol platforms, and military operations.

Digital technologies also support maintenance instruction, healthcare simulation, and remote learning environments used by organizations around the world.

International Presence

CAE maintains one of the largest global networks of aviation training facilities. Training centres support thousands of pilots, maintenance technicians, cabin crew members, and military personnel each year through simulator-based instruction and classroom learning.

The company continues expanding training capabilities through technology development, simulator deployment, and collaborative programs with aircraft manufacturers, airlines, and defence organizations.

CAE Inc (TSX:CAE) continues supporting commercial aviation and defence customers through simulation technologies, training services, digital platforms, and operational readiness programs while advancing collaborative initiatives such as the proposed Canadian AEW&C project. Its activities remain aligned with the broader aerospace industry represented within the S&P/TSX Composite Index.