CAE To Expand Into SE Asia
By Wendell Minnick
TAIPEI - Montreal-based CAE on Oct. 14 announced the establishment of CAE Singapore to serve the military market in Singapore and Southeast Asia. The Canadian company provides simulation and integrated training solutions for the civil and defense aviation markets.
CAE also announced it has signed an agreement to acquire Singapore-based Kestrel Technologies. The transaction is expected to close this month. Adrian Yeo, founder of Kestrel, was made managing director of CAE Singapore.
"Singapore has earned its global reputation as a country at the forefront of technology and innovation, and Singapore's Ministry of Defence is a leading advocate in the use of simulation-based training to ensure mission readiness," Marc Parent, CAE's group president, Simulation Products and Military Training & Services, said in a news release. "By establishing CAE Singapore, we will create a regional modeling and simulation center of excellence, and consolidate CAE's local Singaporean presence with a strategic view to expand and better serve the military markets in the Southeast Asia region."
Kestrel currently provides simulator maintenance and technical support services on behalf of CAE on Super Puma and CH-47 Chinook helicopter simulators operated by the Singapore Air Force.
CAE Singapore also will focus on new markets such as unmanned aerial systems, network-centric warfare, common databases and distributed mission training.
"CAE will now be able to serve Singapore's Ministry of Defence locally with the full suite of CAE offerings while leveraging the highly educated and skilled work force in the local market to support CAE's research-and-development and growth initiatives," Yeo said.