CAE USA Wins $300 Million Air Force Recompete Contract for C-130H Training

CAE USA (CAE, CAE.TO) said Monday it secured a $300 million competitive recompete contract from the U.S. Air Force to continue providing mission-critical C-130H aircrew training services. The aerospace company did not disclose the contract's duration or specific terms in the announcement. The award extends CAE's existing role in training C-130H aircrew for the Air Force, a platform used for tactical airlift missions.