Global training footprint
40+
Countries where CAE operates civil-aviation training centres and programs.
Simulation
Research
Research & analysis across CAE simulation systems, training platforms, and defense technologies.
Prepare
for Takeoff
Key Facts
Global simulation spending is accelerating across every domain.
This page now sticks to a few things we can actually support: how big CAE is, where defense is improving, and which areas of the market matter next.
Q3 FY2026 backlog
CAD 11.3B
Adjusted order backlog at the end of CAE's third fiscal quarter.
Defense margin
10.1%
Q3 FY2026 adjusted segment operating margin in Defense.
What CAE is now.
A large training company with a real civil base, stronger defense margins, and clear gaps at the edges of the market.
Defense margin
4.7%→10.1%
From Q2 FY2025 to Q3 FY2026, adjusted Defense margin moved from 4.7% to 10.1%.
CAD 4.7B
FY2025 revenue was split 57.5% Civil Aviation and 42.5% Defense & Security.
21%
Contracts with the U.S. federal government accounted for 21% of consolidated FY2025 revenue.
50+
CAE operates training centres across more than 50 locations globally.
Where the market is moving.
Signals from procurement data, market forecasts, and technology programs that point to what is changing in simulation and training.
AUD 300M+
Australia program value
Defense procurement
Defense buyers are bundling training, courseware, and facilities into single contracts.
Australia's air-mission training program is a live example: it packages simulation capacity, digital learning, and infrastructure — not standalone device buys.
$7.0B
Maritime simulation market by 2033
Adjacent market
Maritime simulation is a large market where CAE has almost no position today.
Kongsberg, Wärtsilä, and Thales dominate. The market keeps growing, and it is the largest adjacent opportunity visible in our research.
21
DARPA ACE test flights
AI in simulation
Autonomous flight programs are already using simulation-to-live pipelines.
DARPA's ACE program trained AI agents in simulation and flew them in real aircraft — a direct signal that AI-driven training workflows are moving into production.
250
Joby pilot target per year
Emerging category
eVTOL training is being defined now, and CAE has a first-mover position.
CAE's partnership with Joby includes the first certified eVTOL training devices. The training stack for this category is still open.
The three-minute version.
Everything in this portal, distilled into three minutes.
CAE Briefing Film
Three acts · ~3 min
Explore the research.
Analysis organized by sector, market, and capability.
Low-Altitude & eVTOL
5 entries