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CAE Ltd. (TSX, NYSE: CAE)

The world’s largest maker of flight simulators used to train civilian and military pilots.

The company, which was founded in 1947, has become a world leader in flight simulators. It now has customers in 190 countries and 90% of its revenue is derived from international activities and exports. CAE offers an array of training, simulation, and operational support services to the Canadian military and NATO. The company has 13,000 employees at around 240 sites and training locations in over 40 countries. Canada’s Department of National Defence is one of CAE’s largest customers.


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CAE was first recommended here on March 21, 2017