News release issued Friday, May 1, 2009:
CAE and Bell Aliant Regional Communications Income Fund ("Bell Aliant") today announced that CAE’s acquisition of Bell Aliant’s Defence, Security and Aerospace (DSA) business unit, operated by the xwave division of Bell Aliant Regional Communications, Limited Partnership, has been completed.
xwave’s DSA division supplies real-time software and systems for simulation, training, defence, and integrated lifecycle information management for the aerospace and defence industries. The division employs approximately 200 people in Ottawa, Ontario; Halifax, Nova Scotia; and Esquimalt, British Columbia.
Background: August 2008
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