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CAE history
CAE company history timeline
On Saint Patrick's Day, 1947, CAE, then known as Canadian Aviation Electronics Ltd., was founded by Mr.
Since 1962, the Airport District, acting as a political sub-division of the state of South Carolina, has operated the Columbia Metropolitan Airport.
1971: Reflectone builds the first helicopter simulator.
Needing more space to complete contracts related to the United States Air Force's A-10 antitank aircraft, Reflectone relocated its facilities from Stamford, Connecticut to Tampa, Florida in 1979.
History On October 13, 1981, the Engineering Computing Committee unanimously endorsed a proposal recommending the formation of a new organization and management structure for computing in the college, called the Computer-Aided Engineering (CAE) Center.
Tallahassee investor John Mowell took over the company in 1981, becoming its chairman and CEO. He would hire a succession of four presidents to handle day-to-day management of the company in the next eight years.
The effective starting date of the CAE was January 1, 1982.
Reflectone In-Flight Systems, Inc. was formed in 1984 to enter the market for in-flight entertainment (IFE) systems on commercial airliners.
Reflectone continued to focus on military training systems, even after losing one of its biggest awards in 1986.
The administrative offices and computers from ERB, and the offices and computers from CAE West, were moved to the CAE Center at 1410 Engineering Drive upon its completion in 1988.
The company narrowed its losses to just $3.3 million in fiscal 1990 as sales grew 20 percent to $49.7 million.
The company narrowed its losses to just $3.3 million in fiscal 1990 as sales grew 20 percent to $49.7 million. It did post net income of $1.4 million in 1991.
Revenues reached $54 million in 1992.
Less than 10 percent of Reflectone's 1993 revenues of $63 million were for civil airliner simulators, however.
Reflectone received the largest contract in its history in July 1995, a $77 million order to build flight simulators for Lockheed Martin Aeronautical Systems.
British Aerospace Holdings Inc. bought Reflectone's remaining shares for $39 million in early 1997.
1997: BABE Systems buys remainder of shares; renames company.
In February 2001, BABE Systems sold off the simulation and training business formerly known as Reflectone.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Aero Simulation | 1983 | $31.6M | 100 | - |
| Modular Mining | 1979 | $69.0M | 801 | - |
| Advanced Technology Services | 1985 | $80.0M | 2,000 | 176 |
| Fidelity Technologies | 1987 | $21.4M | 450 | - |
| Hurco Companies | 1968 | $186.6M | 706 | 8 |
| Fitbit | 2007 | $1.4B | 1,694 | - |
| Datatronics | 1971 | $12.2M | 50 | - |
| Sotera Defense | 1969 | $175.0M | 3,000 | - |
| C Technologies | 1985 | $5.9B | 24,600 | 1 |
| deciBel Research | 2002 | $9.9M | 61 | 39 |
CAE history FAQs
Zippia gives an in-depth look into the details of CAE, including salaries, political affiliations, employee data, and more, in order to inform job seekers about CAE. The employee data is based on information from people who have self-reported their past or current employments at CAE. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by CAE. The data presented on this page does not represent the view of CAE and its employees or that of Zippia.
CAE may also be known as or be related to CAE, CAE Australia Pty Ltd., CAE USA Inc, CAE USA Inc., CAE USA, Inc., Cae USA Inc. and Canadian Aviation Electronics.