Rare Procurement of Exact Aircraft That Flew Off Intrepid 60 Years Ago
The Intrepid Sea, Air & Space Museum today announced the acquisition of a new historic aircraft to its collection, a Douglas F4D Skyray. This exact aircraft flew from Intrepid during the Cold War and will be added to the Museum's flight deck on Tuesday, July 27, 2021. It will become the 28th plane in the Museum's aircraft collection.
Military Training Business Sold for US$1.05 Billion
CAE has announced that it has formally concluded the previously announced acquisition of L3Harris Technologies' Military Training business for US$1.05 billion. As announced earlier, all regulatory approvals were obtained and now all other closing conditions have been met. As previously announced, a portion of the purchase price of the Acquisition and other related transaction costs was financed using the net proceeds from the private placements of C$700 million (approximately US$550 million) aggregate amount of subscription receipts issued by CAE to Caisse de dépôt et placement du Québec and GIC Private Limited.
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