Military growing more reliant on contractors — a boon for CAE, chief executive says

Marc Parent News

Military growing more reliant on contractors — a boon for CAE, chief executive says
Private ContractorsCAE IncWestern Armed Forces
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MONTREAL — CAE Inc. chief executive Marc Parent says a growing reliance on private contractors by Western armed forces — including Canada’s — bodes well for ...

MONTREAL — CAE Inc. chief executive Marc Parent says a growing reliance on private contractors by Western armed forces — including Canada ’s — bodes well for his company and global security , even as questions linger around spending and accountability.

The 25-year deal represents a vast expansion of the simulator maker's previous role in RCAF training, as the partnership, dubbed SkyAlyne, takes on more responsibilities such as training support crews and procuring trainer aircraft. Defence Minister Bill Blair has said the Canadian Armed Forces faces a shortfall of 16,500 members that could take years to resolve.

Brown University’s Costs of War project argues that militaries in particular are spending more and more of their budgets on contractors with little accountability for how the funds are doled out. For CAE's chief executive, however, the selection of Canadian companies for a critical training role shows how the state and the private sector can work hand in glove to bolster security at home and abroad.The $11.2-billion contract from two weeks ago couldn't have come soon enough for the 77-year-old company.

Ukraine's latest claimed attack on Crimea shows how its older missiles from the West can reach and strike even Russia's advanced S-400 air-defense systems.The Russian submarine that just showed up off Cuba is one of a new class of subs that has worried the US and NATO for years

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