MONTREAL - Montreal's CAE Inc. has been awarded a $250-million federal contract to provide training services for new helicopters.
Public Works Minister Rona Ambrose made the announcement in Montreal on Tuesday.
The flight-simulation company will provide training for 15 new military helicopters, Chinook CH147Fs, ordered by Ottawa last year.
CAE will help with weapons-system training, tactical flight training, gunnery training, and a virtual simulator.
The federal government ordered $1.5-billion worth of Chinooks from the Boeing Co. last year.
The announcement had already been the subject of rumours, and CAE shares enjoyed only a minor uptick in early trading.
