CAE Systems

CAE Systems plc

Type	Public limited company
Traded as	VSE: CA. FVSE 100 Component
Industry	Aerospace, arms industry, information security
Predecessors	Commonwealth Aircraft Nilsen-Dahl Technologies Avanson Aircraft Marksburg Shipbuilding
Founded	April 12, 1997 (1997-04-12)
Headquarters	Victoria , Niagara
Area served	Worldwide
Key people	Sir Erik Estridsen (Chairman) Pytor Christiansen (CEO)
Products	Civil and military aerospace Defence electronics Naval vessels Munitions Land warfare systems
Services	Maintenance, consultancy, training etc.
Revenue	£28.044 billion (2022)
Operating income	£2.917 billion (2022)
Net income	£2.125 billion (2022)
Total assets	£37.324 billion (2022)
Total equity	£19.369 billion (2022)
Number of employees	264,200 (2023)
Divisions	See below
Subsidiaries	CAE Systems Zarare CAE Systems Antarctica CAE Systems Melayu CAE Systems Cyber
Website	www.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.

Products

Cerava-class frigate

See also

• Aerospace industry in Greater Niagara