From cyberoid@u.washington.eduThu Dec 29 11:08:06 1994
Date: Tue, 20 Dec 94 12:50:28 -0800
From: Robert Jacobson <cyberoid@u.washington.edu>
To: scivw@u.washington.edu
Subject: IND: CAE sells military systems to Hughes

Reposted from sci.aeronautics.simulation

sci.aeronautics.simulation (moderated) #81                                 [1]
From: maclure@eos.arc.nasa.gov (IanMaclure)
[1] Sale Of CAE-Link to Hughes
Date: Thu Dec 15 21:59:58 PST 1994
Organization: NASA Ames Research Center
Summary: CAE sells part of CAE-Link to Hughes
Keywords: uh-oh_perfidious_canucks
 
It was apparently announced this AM in Binghamton NY that CAE
Industries of Toronto had sold the Military programs currently being
undertaken by its CAE-Link subsidiary of Binghamtom to Hughes for
$155M US. No facilities are to change hands.  CAE seems to be going to
continue producing some civil products at CAE-Link (anesthesiology
trainers and Air Traffic Control simulations?).  The implications of
the sale for CAE-Link are unclear at present.
 
IBM
--
################ No Times Like The Maritimes, Eh! ######################
# IBM   aka      #    Ian_Maclure@QMGATE.arc.nasa.gov           (desk) #
# Ian B MacLure  #    maclure@(remulak/eos).arc.nasa.gov   (currently) #
########## Opinions expressed here are mine, mine, mine. ###############