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CGT Capital Gearing Trust Plc

4,735.00
0.00 (0.00%)
Last Updated: 08:04:57
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Capital Gearing Trust Plc LSE:CGT London Ordinary Share GB0001738615 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4,735.00 4,675.00 4,705.00 2,224 08:04:57
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 22.43M 13.74M 0.6453 73.38 1.01B

CAE awarded C$45 million support services contract for NFTC

09/05/2005 6:05pm

PR Newswire (US)


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CAE awarded C$45 million support services contract for NFTC MONTREAL, May 9 /PRNewswire-FirstCall/ -- (NYSE: CGT; TSX: CAE) - Bombardier Military Aviation Training has awarded CAE a 15-year contract valued at approximately C$45 million to provide maintenance and support services for the NATO Flying Training in Canada (NFTC) program. Under the terms of the NFTC Maintenance and Support Services contract, CAE will provide a full range of support services for a total of five flight training devices (FTDs): three T-6A FTDs and one Hawk FTD located at Canadian Forces Base (CFB) Moose Jaw, and one Hawk FTD at CFB Cold Lake. CAE will provide such services as contractor logistics support, software configuration management, software/hardware maintenance and obsolescence management. "The NFTC program is one of the world's premier pilot training programs used by the Canadian Forces and other NATO and non-NATO countries," said Donald W. Campbell, CAE's Group President, Military Simulation and Training. "We're pleased to continue our support of Bombardier and the NFTC program by providing high-quality support services for the CAE-built simulation equipment that plays an integral role in the overall pilot training program." In operation since 2000, NFTC is a cooperative approach to training military pilots based on a partnership arrangement between the Government of Canada and industry. Joint cooperation with the Canadian Forces has created a comprehensive fighter pilot training program which combines basic, advanced and fighter lead-in training. Nations participating in the program to date include Denmark, the United Kingdom, the Republic of Singapore, Italy, Hungary and Canada. CAE is a leading provider of simulation and modelling technologies as well as integrated training services for commercial and business aviation, and defence customers worldwide. The company has annual revenues of approximately C$1 billion, with operations and training facilities in 17 countries on five continents. DATASOURCE: CAE INC. CONTACT: On the Web: http://www.cae.com/; CAE : Nathalie Bourque, Vice President, Global Communications, (514) 734-5788, ; Defence/trade media: Chris Stellwag, Director, Marketing Communications, MS&T, (813) 887-1242, ; Investor relations: Andrew Arnovitz, Director, Investor Relations, (514) 734-5760,

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