CAE sells C$21 Million Control Systems for the Royal Malaysian Navy MEKO Patrol Vessels

Montreal, – (TSE: CAE) CAE today announced it has been selected to provide control systems for two new MEKO 100 Patrol Vessels for the Royal Malaysian Navy being built by Blohm+Voss in Hamburg, Germany. The value of the contract is approximately C$21 million. CAE expects to also provide control systems for four additional ships of the same design.

CAE’s Integrated Platform Management System (IPMS) technology will be used to monitor and control the platform machinery of a ship, including propulsion, electrical, damage control and auxiliary machinery and systems. It also provides advanced automation for enhanced operational effectiveness and survivability of the ship. CAE’s IPMS is the world’s first and leading digital control system for naval ships.

The Royal Malaysian Navy plans to build up to 27 of these new ships designed to have low radar detectability, low noise, low heat dissipation with an economical cruising speed. Modules for the first two vessels will be built by Blohm+Voss in Hamburg and then assembled in Lumut, Malaysia, while the remaining four vessels will be built by PSC Naval Dockyard in Malaysia.

“CAE is proud to be selected for this prestigious Royal Malaysian Navy project and continue our longstanding and valued relationship with Blohm+Voss,” said Rashid Khan, Executive Vice President, Marine Controls, CAE.

This contract follows several recent significant successes for CAE’s Marine Controls division. To date, CAE’s Marine Controls division has supplied or been selected to supply advanced automation technology for over 100 ships in 13 navies and for over 400 commercial ships worldwide.

CAE is a global leader in the provision of simulation and control technologies and training solutions for aerospace, defence and marine markets. Headquartered in Canada, CAE employs more than 7,000 people around the world and generates annual revenues in excess of C$1 billion.

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