CAE has received two training services contracts totalling C$1bn ($762m) from the Royal Canadian Air Force (RCAF) and the US Army.

Under the contract with RCAF, CAE will continue to train pilots from Nato member countries in Canada until 2023.

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As part of the Nato Flying Training in Canada (NFTC) programme, CAE provides ground-school classroom and simulator training and supports the live flying training of military pilots in Moose Jaw and Cold Lake.

"The contract modification includes a one-year option to extend the contract through 2024, CAE said in a statement."

Additionally, CAE will add new capabilities and perform a range of upgrades and updates to the overall NFTC training system and aircraft over the next several years.

The contract modification includes a one-year option to extend the contract through 2024, CAE said in a statement.

The NFTC training consists of Phase II, III and IV to produce qualified military pilots for the RCAF and other global defence customers.

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The Beechcraft T-6 (CT-156 Harvard) trainer aircraft and BAE Systems Hawk (CT-155 Hawk) lead-in fighter trainer aircraft are used for the NFTC programme.

Since the launch of NFTC programme in 2000, more than 1,500 pilots have been trained and more than 350,000 hours of live flying training have been delivered.

In addition to providing training services to RCAF, CAE will provide rotary-wing flight training classroom, simulator, and live flying instructor support services to the US Army until 2026.