CAE awarded military contracts valued at more than $100 million

CAE awarded military contracts valued at more than $100 million

• M-346 training devices for Israeli Air Force
• Services and upgrades for UK MSHATF
• Maintenance and support services for NATO E-3A training devices

Montreal, Canada, February 5, 2013 - (NYSE: CAE; TSX: CAE) - CAE today announced it has won more than C$100 million in military contracts for the defence forces of 15 countries. They include a contract from Elbit Systems to provide M-346 training devices for the Israeli Air Force, contracts from the UK Ministry of Defence to support CAE's Medium Support Helicopter Aircrew Training Facility (MSHATF), and a contract to provide maintenance and support services for the NATO E-3A training devices.
The majority of these contracts were awarded during CAE's fiscal year 2013 third quarter and partially at the start of its current fourth quarter.

"We are pleased to partner with Elbit Systems and Alenia Aermacchi to add the Israeli Air Force to the growing list of M-346 customers globally who will train their next-generation pilots using CAE's world-class simulation technology," said Gene Colabatistto, Group President, Military Products, Training and Services, CAE. "The cost benefits of simulation-based training are becoming increasingly relevant for defence forces and we continue to focus on a large pipeline of opportunities in both the emerging and established markets."