CAE USA has been advised that following the protest of the initial award to CAE USA, the Initial Entry Rotary-Wing Instructor Support Services contract was granted to the incumbent contractor.
CAE USA is disappointed with this decision from the United States Army, and following a debrief will determine next steps, which could include further protest.
CAE USA was originally awarded this contract in late 2016 and it was announced on January 12, 2017. Because the contract award to CAE USA was protested immediately, CAE USA had not yet begun executing on this contract.
Accordingly, this development does not change CAE's outlook for the year, or its expectations for growth in its Defense and Security business.
Source: CAE
Date: Sep 14, 2017
