NYSE, CAE - Cae Inc
Following incorporation in 1947, CAE?s primary business focused on the repair
and overhaul of electronic and electro-mechanical equipment, as well as the
design and installation of telecommunication and navigational systems. By the
early 1950s, the Company had started to pursue new areas of opportunity in the
design, development and manufacture of flight, radar and weapons simulators for
Canadian defence requirements. A few years later, CAE began its commercial
flight simulation activities.
From the 1960s to the turn of the century, the Company embarked on a program of
growth and diversification. CAE acquired several new businesses, both in its
traditional aerospace and electronics market segment and in several industrial
technology segments. ...
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