CAE signs subcontract with Lockheed Martin Canada to begin implementation phase for the River-class destroyer program

Montreal, Canada, September 29, 2025 – (NYSE: CAE; TSX: CAE)
Defense & Security Trade press release

In the picture (left to right): Glenn Copeland, General Manager, Lockheed Martin Canada, RMS; Devon Rodgers, Director Canada Programs, Lockheed Martin Canada; France Hébert, Division President, Defense & Security Canada and Global Operations Lead, CAE; Lorraine Benn, VP & Regional Executive Canada and Latin America, Lockheed Martin Canada; John Edelman, Director Business Development, Defence & Security Canada, CAE

CAE announced today that it has signed a subcontract with Lockheed Martin Canada to begin the implementation phase for the River-class destroyer program (formerly the Canadian Surface Combatant), marking a significant milestone in the development of next-generation naval capabilities for the Royal Canadian Navy.

Building on its contributions during the design phase, CAE is leading the development of training solutions for the River-class destroyer’s communications and integrated bridge and navigation systems. This includes training needs analysis, courseware development, and delivery of advanced training to ensure the mission and operational readiness of the Royal Canadian Navy personnel. CAE is also providing human factors engineering services to input to the design of critical spaces aboard the ship.

“Our advanced training solutions will equip the Royal Canadian Navy with world-class capabilities tailored to the specific needs of the River-class destroyer,” said France Hébert, CAE Division President, Defense & Security Canada and Global Operations Lead. “As we move into the implementation phase, we’re proud to ensure these critical capabilities are developed and maintained in Canada - strengthening national security and supporting long-term economic growth.”

Lockheed Martin Canada was awarded the River-class destroyer’s implementation subcontract by prime contractor Irving Shipbuilding Inc. By leveraging the expertise of Canadian defence contractors, the program is strengthening Canada’s defence industrial base, creating high-value jobs, and fostering innovation in advanced technologies.

About CAE

At CAE, we exist to make the world safer. We deliver cutting-edge training, simulation, and critical operations solutions to prepare aviation professionals and defence forces for the moments that matter. Every day, we empower pilots, cabin crew, maintenance technicians, airlines, business aviation operators, and defence and security personnel to perform at their best and when the stakes are the highest. Around the globe, we’re everywhere customers need us to be with approximately 13,000 employees at around 240 sites and training locations in over 40 countries. For nearly 80 years, CAE has been at the forefront of innovation, consistently seeking to set the standard by delivering excellence in high-fidelity flight simulators and training solutions, while embedding sustainability at the heart of everything we do. By harnessing technology and enhancing human performance, we strive to be the trusted partner in advancing safety and mission readiness—today and tomorrow

Read our FY25 Global Annual Activity and Sustainability Report

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