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CAE Inc
Symbol CAE
Shares Issued 321,395,891
Close 2026-07-16 C$ 34.68
Market Cap C$ 11,146,009,500
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Globe/CP say Saab offers to work with CAE

2026-07-20 05:51 ET - In the News

Also In the News (C-LMT) Lockheed Martin CDR (CAD Hedged)

The Globe and Mail reports in its Saturday, July 18, edition that Saab says it will work with Canadian company CAE on a domestic training, flight simulation and support program if Ottawa decides to buy its Gripen jets. A Canadian Press dispatch to The Globe reports that in a media statement, the companies say the deal would mean critical operational and mission systems information would stay in Canada under Canadian control. The Swedish jet maker has been trying to convince the Canadian government to buy some of its Gripen E fighters for the country's new fleet. Prime Minister Mark Carney's government has been reviewing whether to proceed with its contract to buy 88 Lockheed Martin F-35 fighter jets. The review started after United States President Donald Trump took office and began his trade war, and the Liberals have not said when they will make a decision on the planes. Saab said this spring some of its jets destined for Ukraine could be built in Canada if Ottawa decides to add the Gripen to its fleet.

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