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CAE is a global leader in training for the civil aviation, defence and security, and healthcare markets. Backed by a 70-year record of industry firsts, we continue to help define global training standards with our innovative virtual-to-live training solutions to make flying safer, maintain defence force readiness and enhance patient safety. We have the broadest global presence in the industry, with over 160 sites and training locations in over 35 countries. Each year, we train more than 120,000 civil and defence crewmembers and thousands of healthcare professionals worldwide

CAE offers investors a “pure play” training company driven by long-term sustainable growth in civil aviation, as well as the rising trend in simulation-based training in areas with critical tasks like defence and security and healthcare.

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Our investment philosophy is based on six pillars of strength:
High degree of recurring business

We operate in highly regulated industries with mandatory and recurring training requirements for maintaining professional certifications. Our long-term agreements with many airlines, business aircraft operators and defence forces are also an important source of our recurring business.

Strong competitive moat

Our global training centre network, unique end-to-end cadet-to-captain training solutions, TSI expertise, unrivalled customer proximity and strong, recognizable brand strengthen this moat.

Headroom in large markets

Significant untapped market opportunities exist in our three growing core businesses. While we are a market leader in civil aviation, we address less than 33% of an approximately $3.5 billion training market. In defence and security, we have a 7% share of the approximately $15 billion TSI market. In healthcare, we are the innovation leader in the simulation-based healthcare education and training market. We see significant opportunities for long-term growth as the healthcare market increasingly adopts simulation as a means of training.

Underlying secular tailwinds

Both the civil aviation and defence sectors are enjoying strong tailwinds. In civil aviation, air passenger traffic is expected to grow by 4.2% annually until 2027. To address both this growth and the rate of pilot retirement, we estimate that airlines will need to create thousands of new pilots during the same period. For defence and security markets, budgets are expected to rise and defence forces are increasingly turning to the safety, flexibility and cost benefits of training system integration to ensure mission readiness. The interest in healthcare simulation is also growing in line with the increasing concern around medical errors and patient safety.

Potential for superior returns

At CAE, we believe we have the potential to grow faster than the underlying markets and that our large backlog and recurring revenue profile places us in an ideal position.

Culture of innovation

Innovation is part of our DNA and our people make it happen. In collaboration with our customers, we design and deliver the most sophisticated training solutions in the world. Through our thought leadership and innovative solutions and partnerships, we are shaping the future of training. At the same time, we are increasingly becoming the recognized worldwide training partner of choice.

Stock Information
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Financial Reports

* As part of its pandemic mitigation measures, CAE announced a suspension of the common share dividend and share repurchase plan.

Year Date of Declaration Amount Record Date Payment Date
2020 February 7 11 cents per share March 13 March 31
Investor Q&As
Q. Where are CAE shares traded and what is the company ticker symbol?

Toronto Stock Exchange (TSX): under the ticker symbol "CAE"
New York Stock Exchange (NYSE): under the ticker symbol "CAE"

Q. Who are your auditors?

PricewaterhouseCoopers, Chartered Accountants.

Q. How do I submit a request to change my address and other information?

Please contact CAE's transfer agent, Computershare or your broker:

Tel: 1-800-564-6253 (North America) | 1-514-982-7555 (International)

Obtaining CAE's annual and quarterly financial reports:

To obtain a hardcopy send an email to: [email protected].

Many of our documents and public filings can be downloaded in PDF format above and are also archived at: and at

Q. What is CAE's stock split history?
  • June 1963 Stock Split 3 for 1
  • July 5, 1965 Stock Split 3 for 2
  • July 4, 1979 Stock Split 3 for 1
  • July 6, 1981 Stock Split 3 for 1
  • July 3, 1984 Stock Split 2 for 1
  • July 3, 1986 Stock Split 2 for 1
  • July 9, 2001 Stock Split 2 for 1
Q. Can I buy stock directly from CAE?

CAE shares may be purchased through a security broker. The company does not offer a direct purchase program.

Q: What was CAE Inc. stock price on Valuation Day December 22nd 1971?

On V-Day December 22nd 1971, CAE Inc. stock value was $4.65 CAD.

Analyst coverage

This is the complete list of financial institutions and analysts who follow CAE.

Bank of America Merrill Lynch
Ronald J. Epstein

BMO Capital Markets
Fadi Chamoun

CIBC World Markets
Kevin Chiang

Desjardins Securities
Benoit Poirier

National Bank Financial
Cameron Doerksen

Raymond James
Ben Cherniavsky

RBC Capital Markets
Steve Arthur

Scotia Capital
Konark Gupta

TD Securities
Tim James

Need more info? Contact us
Andrew Arnovitz
Vice President, Strategy and Investor Relations

Transfer agent and registrar
Computershare Trust Company of Canada