Benzinga | Jun 28, 2021 06:07AM EDT

CAE Receives Regulatory Approvals For Acquisition Of L3Harris Technologies' Military Training Business

* 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 CAE's core military training business in the United States

* Will broaden CAE's position in training and operational support across multi-domain operations