|Day's Range||22.01 - 22.15|
|52 Week Range||16.88 - 22.86|
|PE Ratio (TTM)||23.74|
|Dividend & Yield||0.32 (1.44%)|
|1y Target Est||N/A|
Competition is heating up for a $1.6 billion deal to provide air combat training for Britain's military as arms firms look for stable revenues amid scarce demand for their hardware, despite an uptick in defence spending, industry sources said. In a re-run of a recent duel over helicopter training, Italy's Leonardo and Europe's Airbus are both preparing to enter the race to replace a mixture of private and military training for UK forces from 2020, the sources said. Leonardo is considering an offer to supply its Aermacchi M-346 trainer for the competition known as 'Air Support to Defence Operational Training (ASDOT)' together with an unidentified British contractor.
The worldwide commercial aviation industry will need an extra 255,000 pilots by 2027 to sustain its rapid growth and is not moving fast enough to fill the positions, according to a 10-year forecast published by training company CAE Inc (CAE.TO).
Q4 2017 CAE Inc Earnings Call