 Acquisition expected to close on July 2, 2021 Will position CAE as the leading global, pure play, platform-agnostic training and simulation company in defence and security market Will approximately double CAEs core military training business in the United States Will broaden CAEs position in training and operational support across multi-domain operations MONTREAL, June 28, 2021 PRNewswire - NYSE: CAE TSX: CAE CAE today announced that it has received all the required regulatory approvals for the previously announced acquisition of L3Harris Technologies Military Training business for US1.05 billion subject to customary adjustments the Acquisition and expects closing to be complete on July 2, 2021. The acquisition of L3Harris Military Training business will expand CAEs position as a platform-agnostic training and simulation company serving the global defence and security market. 