CAE to spend $250 million to develop and expand modelling and simulation technologies
from Ottawa Citizens
CAE announced that the Government of Canada will participate in its latest research and development program through a repayable investment of $250 million. The goal of CAE's Project Innovate, which will span 5 1/2 years, is to develop and expand CAE's current modelling and simulation technologies, develop new ones and continue to differentiate its service offering.
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