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CAE and Saab Sign MoU to Develop Training Solutions for Canada’s Future Submarine Fleet


On May 29, 2025, **CAE** and **Saab** signed a **Memorandum of Understanding (MoU)** to jointly develop advanced **training and simulation solutions** for the **Canadian Patrol Submarine Project (CPSP)**. The agreement supports the Canadian government’s effort to modernize its **Royal Canadian Navy** submarine capabilities and ensure mission readiness for future crews.

The partnership will focus on delivering innovative, high-fidelity simulation technologies and integrated training systems, drawing on CAE’s decades of naval training expertise and Saab’s defense technology leadership. The initiative is expected to enhance **Canada’s sovereign defense capabilities** and reflect a broader strategy of industrial collaboration.

France Hébert, Division President of CAE Defense & Security Canada, emphasized the importance of the agreement for national defense and innovation. CAE operates in over 40 countries and has a long-standing presence in aviation and defense training, supporting both military and civil operators globally.
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Value Investor
May 30, 2025

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