CAE to sell Flightscape to SITA

CAE has agreed to sell Flightscape, its airline operations software business, to aviation technology company SITA at an enterprise value of US$500 million. The deal is expected to close in the first half of 2027 pending regulatory approvals, with management calling it accretive and consistent with its transformation plan to focus on core Civil and Defense businesses. CAE plans to deploy proceeds into its core simulation and training businesses and return capital to shareholders.

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