CAE Systems: Difference between revisions

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*[[Aerospace industry in Greater Niagara]]
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[[Category:Greater Niagara]]
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Revision as of 02:57, 9 March 2023

CAE Systems plc
Public limited company
Traded asVSE: CA.
FVSE 100 Component
IndustryAerospace, arms industry, information security
PredecessorsCommonwealth Aircraft
Nilsen-Dahl Technologies
Avanson Aircraft
Marksburg Shipbuilding
FoundedApril 12, 1997; 27 years ago (1997-04-12)
Headquarters,
Area served
Worldwide
Key people
Sir Erik Estridsen
(Chairman)
Pytor Christiansen
(CEO)
ProductsCivil and military aerospace
Defence electronics
Naval vessels
Munitions
Land warfare systems
ServicesMaintenance, consultancy, training etc.
RevenueIncrease.svg £28.044 billion (2022)
Increase.svg £2.917 billion (2022)
Increase.svg £2.125 billion (2022)
Total assetsIncrease.svg £37.324 billion (2022)
Total equityIncrease.svg £19.369 billion (2022)
Number of employees
264,200 (2023)
DivisionsSee below
SubsidiariesCAE Systems Zarare
CAE Systems Antarctica
CAE Systems Melayu
CAE Systems Cyber
Websitewww.caesystems.com

CAE Systems plc (CAE), also known as Commonwealth Aerospace Systems, is a Niagaran multinational arms, security, and aerospace company based in Victoria, Niagara. It is the largest defence contractor in Abos, and ranked the fifth-largest in the world based on applicable 2022 revenues. As of 2022, it is the third-largest manufacturer in Niagara. Its largest operations are in Niagara and Zarare, where its CAE Systems Zarare subsidiary is one of the two largest suppliers to the Zarare Ministry of Defence. Other major markets include Antarctica, Melayu, Polynesia, Delgada and Fort PP. The company was formed on 12 April 1997 by the £9 billion purchase of and merger with Nilsen-Dahl (NDT) by Commonwealth Aircraft (CAC), an aircraft and munitions manufacturer.

CAE is the successor to various aircraft, shipbuilding, armoured vehicle, armaments and defence electronics companies. These include Nilsen-Dahl Technologies, the first commercial company to develop military radar; Avanson Aircraft, one of the world's first aircraft companies; Olafson Corporation, manufacturer of the Himmeljeger and Haukøye, the world's first VTOL attack aircraft; Marksburg Shipbuilding, builder of the world's first battleships; and Hitsven Shipbuilding, builder of the Royal Niagaran Navy's first submarines.

Since its formation in 1997, CAE has made a number of acquisitions, most notably of Fortier of the Gagium, and sold its shares in TBDFOREIGNCOMPANY, TBDFOREIGNCOMPANY and TBDFOREIGNCOMPANY. It is involved in several major defence projects, including the Harfordson F-35 Lynnedslag, the Drøbak B-1 Lancer, the Brettingen-class submarine, and the Ark Royal-class aircraft carriers. CAE Systems is listed on the Victoria Stock Exchange's FVSE 100 Component.

History

Heritage

Formation

2000s

2010s

2020s

Products

Cerava-class frigate

Areas of business

Greater Niagara

Zarare

Rest of the world

Shareholders

Organisation

Corporate governance

Senior leadership

List of former chairmen

List of former chief executives

Financial information

Corruption investigations

See also