CAE Systems
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 |
Headquarters | , |
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) |
£2.917 billion (2022) | |
£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 |
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
Areas of business
Greater Niagara
Zarare
Rest of the world
Organisation
Corporate governance
Senior leadership
List of former chairmen
List of former chief executives
Financial information
Corruption investigations
See also