CAE Business Summary

CAE Inc. (CAE) is the global leader in simulation-based training, generating revenue through a high-margin mix of recurring training services (approx. 60% of total sales), full-flight simulator (FFS) manufacturing, and digital flight operations software. The company operates through two core segments: Civil Aviation, providing end-to-end pilot and crew training for commercial and business aviation, and Defense & Security, which delivers platform-independent mission-readiness solutions. Currently executing a 2026 transformation plan to optimize its simulator network and divest non-core assets, CAE maintains a global footprint of over 200 training centers and a fleet of 300+ simulators. It occupies a dominant market position, outscaling direct competitors such as FlightSafety International, L3Harris Technologies, and Thales Group by offering a vertically integrated ecosystem that spans from simulator production to long-term training outsourcing. Leadership is spearheaded by President and CEO Matthew Bromberg, an aerospace veteran appointed in 2025 with a pedigree from Pratt & Whitney and Raytheon, where he led large-scale international operations. The executive team includes CFO Ryan McLeod, who transitioned from Bombardier in early 2026, and CTO Emmanuel Levitte, whose background includes leadership roles at Dassault Aviation and Amazon. Governance is overseen by Executive Chairman Calin Rovinescu, the former CEO of Air Canada, and Lead Independent Director Sophie Brochu. Founded in 1947 by Ken Patrick, CAE is a publicly traded firm (NYSE/TSX: CAE) with major institutional backing from the Caisse de dépôt et placement du Québec (CDPQ) and Beutel, Goodman & Company, reflecting its critical role in the global aerospace and defense infrastructure.