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BAE sells former Reflectone to Canada's CAE

Hard on the heels of the divestiture of its Canadian commercial avionics operation, UK defence giant BAE Systems has agreed to sell its US-based flight simulation subsidiary to leading simulator manufacturer CAE of Canada. CAE will buy Tampa, Florida-based BAE Systems Flight Simulation and Training, formerly Reflectone, for $80 million.

BAE and CAE will also "explore a strategic relationship addressing military training opportunities globally". The purchase of the BAE unit, which specialises in simulators for military helicopters and the Lockheed Martin C-130, will give CAE increased access to the US defence market. The unit had revenues of $80 million last year.

CAE has set aggressive profit goals, and has already launched several new initiatives in the commercial flight simulation market, including entering the airline flight-training business. The new buy and strategic relationship with BAE will boost its military unit.

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