03:56 PM EST - CAE Inc. : said that the Government of Canada has awarded CAE a contract valued at about $329.5 million for a comprehensive C-130J aircrew training equipment and services solution. Under the program called the Operational Training Systems Provider, CAE won a competitive procurement to serve as the prime contractor to provide the training systems and services for Canada's tactical airlift, medium-to-heavy helicopter, and potentially other aircraft fleets. The company said that this program will create and sustain about 330 jobs for the first three years and 50 jobs for the next 20 years throughout Canada. CAE Inc.
shares T.CAE are trading up $0.11 at $7.56.
