[3] In 2001, CAE Inc. acquired BAE Systems's Flight Simulation and Training division, formerly known as Reflectone Inc,[4] a publicly listed company founded in 1939, and based in Tampa, Florida.

[7] In the United States, the firm is a supplier of initial and recurrency training for airlines such as JetBlue[8] and non-airline based companies, including charter and cargo operators.

[10][citation needed] In February 2016, CAE Inc. acquired one of its competitors, Lockheed Martin Commercial Flight Training, formerly known as Sim-Industries.

As of February 2020, CAE also works together with Airways Aviation Academy, formerly known as ESMA in Montpellier, South of France, for training students from Oxford and Brussels.

[15] In October 2023, CAE announced the sale of its Healthcare business to Chicago-based Madison Industries for an enterprise value of C$311 million, subject to customary adjustments.