Cae receives regulatory approvals for acquisition of l3harris technologies' military training business

Acquisition expected to close on july 2, 2021 will position cae as the leading global, pure play, platform-agnostic training and simulation company in defence and security market will approximately double cae's core military training business in the united states will broaden cae's position in training and operational support across multi-domain operations montreal, june 28, 2021 /prnewswire/ - (nyse: cae) (tsx: cae) – cae today announced that it has received all the required regulatory approvals for the previously announced acquisition of l3harris technologies' military training business for us$1.05 billion subject to customary adjustments (the "acquisition") and expects closing to be complete on july 2, 2021. the acquisition of l3harris' military training business will expand cae's position as a platform-agnostic training and simulation company serving the global defence and security market.
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