CAE to acquire TRU Simulation + Training Canada

Nov. 24, 2020 – CAE has concluded a conditional agreement with Textron to acquire TRU Simulation + Training Canada Inc. (TRU Canada) for a cash consideration of approximately US$40 million, excluding post-closing adjustments. The closing of the transaction is subject...
Defining the TAPV

Defining the TAPV

by Chris Thatcher For most Canadians, the first glimpse of the Army’s new tactical armoured patrol vehicle (TAPV) was on the streets of Quebec as it waded through meter-high water, patrolling flooded neighborhoods in Gatineau, Montreal, and Trois-Rivières,...