CAE advances To Phase II prototype For U.S. Army Soldier Virtual Trainer; No Financial Terms Disclosed
Portfolio Pulse from Happy Mohamed
CAE USA has been awarded the U.S. Army’s Phase II rapid prototyping effort supporting the Soldier Virtual Trainer (SVT) program. The award follows a two-year selection process and is a 20-month effort to finalize the prototype of the Weapons Skills Development, the SVT Core computational system, and the Intelligent Tutor. The SVT program is part of the Program Executive Office for Simulation, Training and Instrumentation (PEO STRI) modernization effort to deliver a Synthetic Training Environment that will transform how the U.S. Army trains its soldiers.
July 31, 2023 | 1:09 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
CAE USA, a subsidiary of CAE Inc., has been awarded the U.S. Army’s Phase II rapid prototyping effort for the Soldier Virtual Trainer program. This could potentially increase the company's revenue and reputation in the defense sector.
The award of the Phase II rapid prototyping effort for the Soldier Virtual Trainer program to CAE USA is a significant development for the company. It not only validates the company's expertise in the field but also opens up potential revenue streams from the U.S. Army. This could have a positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100