Lockheed Martin, CAE Establish Canadian training alliance for the F-35 Lightning II
PARIS, June 17, 2013 – On the first day of the 2013 Paris Air Show, a new alliance between Lockheed Martin [NYSE: LMT] and CAE [TSX and NYSE: CAE] was announced when officials from both companies signed a Memorandum of Understanding (MOU) for F-35 Lightning II training system support and services in Canada. CAE is a global leader in modeling, simulation and training for civil aviation and defence.
“Canadian industry has played an integral part in the development and production of the F-35 for more than a decade,” said Steve O’Bryan, vice president of F-35 Programme Integration and Business Development. “Canada’s industrial contribution to this program has truly just begun. The new alliance we established today is indicative of the long-term role Canadian industry will hold in the global sustainment of the F-35 fleet for the next 30 years and beyond, and directly supports the evolution of training systems, one of the key industrial capabilities recently promoted by the Government of Canada.”
During a ceremony held at the Canadian Pavilion at the Paris Air Show, O’Bryan and Gene Colabatistto, group president, Defence and Security at CAE, signed the MOU that identifies Quebec-based CAE as a preferred provider of in-country F-35 training support, training system integration, operations and maintenance.
“CAE and Lockheed Martin have a longstanding and successful relationship on other platforms such as the C-130, and we look forward to extending our collaboration should the Government of Canada select the F-35,” Colabatistto said. “Simulation-based training continues to grow in importance for defence forces as a cost-effective means of ensuring mission readiness, and CAE is focused on ensuring that the Royal Canadian Air Force has the world-class training services it needs to achieve targeted mission readiness levels.”
The 5th generation F-35 Lightning II combines advanced stealth with fighter speed and agility, fully fused sensor information, network-enabled operations and advanced sustainment. Three distinct variants of the F-35 will replace the A-10 and F-16 for the U.S. Air Force, the F/A-18 for the U.S. Navy, the F/A-18 and AV-8B Harrier for the U.S. Marine Corps, and a variety of fighters for other countries.
Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 118,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services. The Corporation’s net sales for 2012 were $47.2 billion.
Gene Colabatistto (left), group president, CAE Military Products, Training and Services, and Steve O’Bryan, vice president, Lockheed Martin F-35 Programme Integration and Business Development, signed an MOU at the 2013 Paris Air Show. This MOU identifies CAE as a preferred provider of F-35 training support, training system integration, operations and maintenance in Canada. Photo courtesy of CAE
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