EXPLAINED: Cae inc - The Real Truth

The defense industry holds promising prospects, propelled by rapid technological advancements and heightened geopolitical tensions. Therefore, three fundamentally strong defense stocks, Northrop Grumman Corp (NOC), CACI International (CACI), and CAE Inc. (CAE), could be ideal buys this month. Read more….

CAE (CAE) reported solid top-to-bottom-line growth in the last reported quarter, driven by continued strength and transformation of its business segments. Further, analysts seem bullish about the company’s prospects. As the company gears to release its second-quarter results tomorrow, let’s determine if it is an opportune time to invest in…

CAE Inc (NYSE:CAE) has agreed to develop and qualify flight simulation training devices that will be used to train the future pilots of Joby Aviation Inc's (NYSE:JOBY) all-electric aircraft. CAE will work with Joby to develop pilot training devices specifically for electric vertical take-off and landing (eVTOL) aircraft. Joby is currently working with the Federal…

CAE Inc (NYSE:CAE) reported third-quarter FY22 revenue growth of 2% year-over-year to C$848.7 million. Sales by segments: Civil Aviation Training Solutions C$390.1 million (-5% Y/Y); Defence and Security C$426.5 million (+42% Y/Y); and Healthcare C$32.1 million (-73% Y/Y). Order intake for the quarter increased by 94% Y/Y to C$1.38 billion, and the total…