CAE News & Events

CAE announced that it has received regulatory approval to renew its normal course issuer bid to purchase, for cancellation, up to 16,073,033 of its common shares commencing June 10 and ending June 9. The maximum number of common shares that may be repurchased under the program represents approximately 5% of the issued and outstanding common shares of CAE, as of May 29. The actual number of common shares purchased under the NCIB, the timing of purchases and the price at which the common shares are bought will depend upon management discretion based on factors such as market conditions. As of May 29, CAE had 321,460,674 common shares issued and outstanding.

New Horizon Aircraft (HOVR) announces that Richard Alexander has been appointed Chief Engineer of Certified Programs of Horizon Aircraft as the Company advances its certification strategy, engineering maturation, and commercialization planning for its hybrid-electric Vertical Takeoff and Landing aircraft, the Cavorite X7. Richard will combine his experience with that of the Company's Co-Founder, Brian Robinson, to help deliver an operationally ready and certifiable aircraft. He most recently served as CAE's (CAE) Electric Aircraft Integrator leading the battery-electric conversion of the Piper Archer training aircraft.

Saab has signed a teaming agreement with CAE to jointly pursue Canada's future Airborne Early Warning and Control, or AEW&C, program based on Saab's GlobalEye platform, the company announced. "The teaming agreement for Canada is a continuation of the partnership established by the Global Cooperation Agreement between Saab and CAE announced in November 2025. It reflects the companies' shared ambition to deepen their collaboration and broaden the scope of cooperation across training and simulation. Through this agreement, Saab further strengthens its offering for Canada's AEW&C programme by integrating CAE's advanced expertise in training. This collaboration will deliver fully integrated and scalable training and simulation solutions designed to enhance operational readiness and effectiveness for the Canadian Armed Forces," the company stated.