Hangar

Research tool, not investment advice. Contract values are not revenue. Every figure links to the government announcement it came from.

Companies

CAE CAE Inc.

CAE price history on Yahoo Finance (external; Hangar doesn't show prices, why)

Definite, last 12 months$472.6M8 awards
Potential, last 12 months$42.1M1 ceilings / IDIQs
Definite since 2024$788.4M20 awards
Not counted2 2 shared pool

Totals add up the rows below; click any amount to open its source. Contract values are paid out over years and are not revenue.

Definite awards per quarter, by branch

$0$100M$200M$300M$400M2024 Q1 · Air Force: $23.9M ($23,869,671)24Q124Q22024 Q3 · Navy: $57.1M ($57,125,186)2024 Q3 · Army: $74.6M ($74,617,739)2024 Q3 · Air Force: $35.2M ($35,167,362)24Q32024 Q4 · Army: $8.9M ($8,900,000)24Q42025 Q1 · Army: $7.8M ($7,763,431)2025 Q1 · Air Force: $18.4M ($18,374,865)25Q12025 Q2 · Air Force: $49.4M ($49,395,247)25Q22025 Q3 · Navy: $11.4M ($11,369,499)2025 Q3 · Army: $29.2M ($29,248,615)25Q32025 Q4 · Navy: $14.3M ($14,332,547)25Q42026 Q1 · Air Force: $69.9M ($69,879,521)26Q126Q22026 Q3 · Navy: $11.1M ($11,135,132)2026 Q3 · Army: $317.1M ($317,107,479)2026 Q3 · Air Force: $45.3M ($45,319,364)26Q32026 Q4 · Air Force: $14.8M ($14,800,647)26Q4*
NavyArmyAir ForceDefense Logistics AgencyOther agencies* 2026 Q4 is in progress (data through 2026-11-06)
Chart data
QuarterNavyArmyAir ForceDefense Logistics AgencyOther agencies
2024 Q1$23.9M
2024 Q2
2024 Q3$57.1M$74.6M$35.2M
2024 Q4$8.9M
2025 Q1$7.8M$18.4M
2025 Q2$49.4M
2025 Q3$11.4M$29.2M
2025 Q4$14.3M
2026 Q1$69.9M
2026 Q2
2026 Q3$11.1M$317.1M$45.3M
2026 Q4$14.8M

Backlog and revenue, from SEC filings

Backlog here is remaining performance obligations (RPO): the standard figure for contracted work not yet delivered. It is usually smaller than the "backlog" companies quote, because it leaves out unfunded orders and options. Values are as first reported; click a point or number to open the filing. How this works

RPO (backlog): SEC data not downloaded yet.

Annual revenue: SEC data not downloaded yet.

All announcements

Download as CSV (includes how each row was counted).

2026 10 announcements
DateRecipientAmount% of RPO / revenueDetails
CAE USA Inc.Air Force $14.8M
CAE USA Inc., Arlington, Texas, has been awarded a $14,800,647 hybrid firm-fixed-price contract for Taiwan Air Force F-16 Block 20V and Block 70 Mission Training Center…
…Program contractor logistics support (CLS)-futures. This contract provides CLS, spares management, travel, data, and dislocation. Work will be performed outside the continental U.S.; Chiayi, Hualien, and Taitung, Taiwan; and within the continental U.S., at Morris Air National Guard Base, Tucson, Arizona, and is expected to be completed by Jan. 30, 2032. This contract involves Foreign Military Sales (FMS) to Taiwan. This contract was a sole-source acquisition. FMS funds in the amount of $2,234,180 are being obligated at the time of award. The Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8621-27-C-B001). (Awarded on Oct. 28, 2026).

Contract FA8621-27-C-B001, contract; obligated at award $2.2M; awarded 2026-10-28

CAE USA Inc.Army $29.8M
CAE USA Inc., Tampa, Florida, was awarded a $29,797,799 modification (P00019) to contract (W9124G-23-C-0002) to provide fixed-wing training and support. The modification…
…brings the total cumulative face value to $242,809,779. Work will be performed in Fort Rucker, Alabama, with an estimated completion date of March 9, 2032. Fiscal 2027 operation and maintenance, Army funds will be obligated at a later time. U.S. Army Field Directorate Office, Fort Eustis, Virginia, is the contracting activity.

Contract W9124G-23-C-0002, modification

CAE USA Inc.Air Force $45.3M
CAE USA Inc., Tampa, Florida, has been awarded a $45,319,364 firm-fixed-price contract for a full flight simulator and logistics support package. This contract provides…
…for the acquisition and installation of one Federal Aviation Administration, Level D qualified 747-8i full flight simulator at Joint Base Andrews, Maryland, and the acquisition of an initial logistics support package. Work will be performed in Tampa, Florida; Saint-Laurent, Quebec, Canada; and Joint Base Andrews, Maryland; and is expected to be completed by March 30, 2029. This contract was a sole source acquisition. Fiscal 2025 research, development, test and evaluation funds in the amount of $43,628,111 are being obligated at the time of award. The Air Force Lifecycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8641-26-C-B002).

Contract FA8641-26-C-B002, contract; obligated at award $43.6M

CAE Inc.Air Force $42.1M maximum
CAE Inc., Arlington, Texas, has been awarded a maximum $42,103,873 fixed-price, cost-plus-award-fee, cost reimbursable, and fixed-price plus incentive contract for Royal…
…Moroccan Air Force F-16 Block 72 training system and contractor logistics support. The contract provides for two F-16 full mission trainer systems to include instructor-operator stations, F-16 Block 72 cockpit, visual display system, computational system, power distribution system, joint helmet-mounted cueing system ii helmet-mounted display, one uninterruptable power supply, one central file server, spares and support equipment. Work will be performed in Arlington, Texas; and Sidi Slimane Airbase, Morocco, and is expected to be completed by April 30, 2029. This contract involves Foreign Military Sales (FMS) to Morocco. FMS funds in the amount of $37,975,064 are being obligated at the time of award. Air Force Life Cycle Management Center, Agile Combat Support Directorate, Simulators Division, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA862126CB003).

Contract FA8621-26-C-B003, contract; obligated at award $38.0M

CAE USA Inc.Army $29.4M
CAE USA Inc., Tampa, Florida, was awarded a $29,423,547 modification (P00007) to contract W9124G-24-C-0007 to exercise Option Year Two of advanced helicopter flight…
…training support. The modification brings the total cumulative face value of the contract to $164,526,226. Work will be performed in Fort Rucker, Alabama, with an estimated completion date of Aug. 30, 2029. Fiscal 2026 operations and maintenance, Army funds in the amount of $7,355,887 were obligated at the time of the award. Army Contracting Command, Fort Eustis, Virginia, is the contracting activity.

Contract W9124G-24-C-0007, modification; obligated at award $7.4M

CAE USA Inc.Navy $11.1M
CAE USA Inc., Tampa, Florida, is awarded an $11,135,132 firm-fixed-price, cost reimbursable modification (P00002). This exercises Option Year One to procure contractor…
…operation and maintenance services, contract engineering support, courseware revision and maintenance, contractor instructor services, cyber sustainment, and configuration management to support the Royal Australian Navy MH-60R training facilities at Albatross, Nowra, New South Wales, Australia, in the Seahawk Simulation and Warfare Centre. Work will be performed in Albatross, Nowra, New South Wales, Australia, and is expected to be completed August 2027. Foreign Military Sales customer funds in the amount of $11,135,132 will be obligated at the time of the award, none of which expire at the end of the current fiscal year. This contract was not competed. Naval Air Warfare Center Training Systems Division, Orlando, Florida, is the contracting activity (N6134025C0002).

Contract N61340-25-C-0002, modification; obligated at award $11.1M

CAE USA Inc.Army $257.9M
CAE USA Inc., Tampa, Florida, was awarded a $257,886,133 firm-fixed-price, cost-no-fee, and time-and-materials contract for Bombardier Global 6500 pilot training. One…
…bid was solicited with one received. Work will be performed in Tampa, Florida, with an estimated completion date of March 13, 2032. Fiscal 2026 operations and maintenance, Army funds in the amount of $20,814,272 were obligated at the time of the award. Army Contracting Command, Aberdeen Proving Ground, Maryland, is the contracting activity (W15P7T-26-C-A003).

Contract W15P7T-26-C-A003, contract; obligated at award $20.8M

CAE USA Inc.Army pool $396.0M shared pool
Aero Simulation Inc.,* Tampa, Florida (W900KK-26-D-A002); American Systems Corp., Chantilly, Virginia (W900KK-26-D-A003); CAE USA Inc., Tampa, Florida…
…(W900KK-26-D-A005); Carley Corp.,* Orlando, Florida (W900KK-26-D-A006); Cole Engineering Services Inc., Orlando, Florida (W900KK-26-D-A007); CymStar,* Broken Arrow, Oklahoma (W900KK-26-D-A008); Dignitas Technologies LLC,* Orlando, Florida (W900KK-26-D-A009); DISTI LLC,* Orlando, Florida (W900KK-26-D-A010); Hatalom Corp.,* Orlando, Florida (W900KK-26-D-A011); Integration Innovation Inc.,* Huntsville, Alabama (W900KK-26-D-A012); Janus Research Group LLC, Evans, Georgia (W900KK-26-D-A013); J.F. Taylor Inc,* Great Mills, Maryland (W900KK-26-D-A014); JIRACOR LLC,* Orlando, Florida (W900KK-26-D-A015); Kratos Technology & Training Solutions Inc.,* San Diego, California (W900KK-26-D-A016); Long Wave Inc.,* Oklahoma City, Oklahoma (W900KK-26-D-A017); Logistic Services International Inc.,* Jacksonville, Florida (W900KK-26-D-A018); Oasis Advanced Engineering Inc.,* Lake Orion, Michigan (W900KK-26-D-A019); Phoenix Defense Ventures LLC,* Gilbert, Arizona (W900KK-26-D-A020); and Pinnacle Solutions LLC,* Huntsville, Alabama (W900KK-26-D-A021), will compete for each order of the $396,000,000 firm-fixed-price indefinite-delivery, indefinite-quantity contract for the Family of Maintenance Trainers product line, which includes analysis, design, development, production, installation, integration, test, upgrades, technology refresh, modifications, skills sustainment, cybersecurity, and instruction. Bids were solicited via the internet with 24 received. Work locations and funding will be determined with each order, with an estimated completion date of June 14, 2033. Army Contracting Command, Orlando, Florida, is the contracting activity.

Contract W900KK-26-D-A005, modification

CAE USA Inc.Navy pool $1.20B shared pool
CAE USA Inc., Tampa, Florida (N6134022D100-1P00005); BGI-Aero Simulation Inc. (ASI) JV LLC, Mount Pleasant, South Carolina (N6134022D1002 P00005); Valiant Global Defense…
…Services Inc., Herndon, Virginia (N6134022D1003-P00005); Delaware Resource Group of Oklahoma LLC, Oklahoma City, Oklahoma (N6134022D1004-P00007); Fidelity Technologies Corp., Reading, Pennsylvania (N6134022D1005); FlightSafety Defense Corp., Fort Worth, Texas (N6134022D1006 P00005); LB&B Associates Inc., Columbia, Maryland (N6134022D1007-P00005); Engineering Support Personnel Inc.,* Orlando, Florida (N6134022D2001-P00005); and LTSS JV,* Minot, North Dakota (N6134022D2002-P00007), are awarded modification to a firm-fixed-price, indefinite-delivery/indefinite-quantity contract with the estimated aggregate ceiling of the modifications being $1,200,000,000, increasing the total contract ceiling from $1,310,000,000 to $2,510,000,000. These modifications increase the aggregate ceiling of the contracts to provide continued sustainment services and training requirements in support of fielded training systems to include, training simulator contractor operation and maintenance services and contractor instructional services, with minor training simulator modifications, training simulator relocations, training systems management, in-service engineering office support, spares and product support, and other related support services performed ancillary to contractor operation and maintenance services and contractor instructional services for the Naval Air Warfare Center Training Systems Division. Companies have an opportunity to compete for individual orders. Percentages for work performed at each location is unknown until award of task orders under this contract, however work will be performed at Navy installations in Mayport, Florida; Norfolk, Virginia; Jacksonville, Florida; Whidbey Island, Washington; Key West, Florida; Fallon, Nevada; Pensacola, Florida; Lakehurst, New Jersey; New Orleans, Louisiana; Ft. Worth, Texas; Naval Submarine Base New London Groton, Connecticut; and Marine Corps Air Station Cherry Point, North Carolina, and is expected to be completed in August 2027. No funds will be obligated at the time of award; funds will be obligated on individual orders as they are issued. The original contracts were competed. Naval Air Warfare Center Training Systems Division, Orlando, Florida, is the contracting activity.

Contract N61340-22-D-1002, modification

CAE USA Inc.Air Force $69.9M
CAE USA Inc., Arlington, Texas, has been awarded a $69,879,521 definitization modification (PZ0012) to previously awarded (FA8621-23-C-0023) P00009 Phase II to provide…
…F-16 Block 70 Training Simulators program for the Taiwan Air Force. The modification brings the total cumulative face value of the contract is $127,999,185 from $58,119,664. Work will be performed at Arlington, Texas, and is expected to be completed Aug. 29, 2028. This modification involves Foreign Military Sales (FMS) to the Taiwan Air Force. Fiscal 2026 FMS in the amount of $59,421,788 are being obligated at the time of award. The Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity.

Contract FA8621-23-C-0023, modification; obligated at award $59.4M

Which names count as CAE

Contract announcements name the legal entity that signed (often a subsidiary). These are the names matched to CAE and the rules that matched them.

Rule (normalized name)Valid fromEvidenceNote
^cae (usa|inc)\b—company nameNYSE-listed Canadian company