11:54 AM EST - CAE Inc. : announced at the Farnborough Air Show that it has signed an agreement with Mitsubishi Aircraft Corp. to develop and deliver a training solution for the new Mitsubishi regional jet or MRJ. This agreement includes a 10-year Exclusive Training Provider program and the establishment of two training centres initially in Japan and the United States. In support of the agreement, CAE is expanding its training network and developing two CAE 7000 Series MRJ full-flight simulators and CAE Simfinity integrated procedures trainers. CAE Inc.
shares T.CAE are trading down $0.04 at $9.71.
