(Montréal, August 19, 2002) CMC Electronics has agreed to sell its Military Communications Division to Ultra Electronics of Greenford, Middlesex, England as part of CMC Electronics’ strategy of divesting certain non-core assets and building a leading aviation electronics, infrared systems and space electronics business. This transaction along with the recent acquisition of Flight Visions Inc., a leading designer, manufacturer and marketer of heads-up-displays and mission computers, are important steps in executing CMC Electronics’ strategy. Proceeds of the sale will be used for further acquisitions and for general corporate purposes. The transaction is expected to be finalized over the next few weeks.

(Farnborough International, July 22, 2002) CMC Electronics has completed the acquisition of Flight Visions Inc., of Sugar Grove, Illinois on July 3, 2002. Flight Visions is a well established military aviation company that designs and manufactures a range of cockpit systems and products that includes head-up displays (HUDs), mission computers and control panels for fighter and fighter trainer aircraft, as well as rotary wing aircraft. The operation in Sugar Grove, IL, comprises approximately 100 employees and will operate as an integral part of CMC Electronics.

(Farnborough International, July 22, 2002) CMC Electronics has captured more than 75% of all Aero-H/H+ airline installations with its Satellite Communications (Satcom) antennas. The popularity of CMC's high gain antenna system, known as the CMA-2102, was confirmed with major new orders placed by some of the world's leading airlines. Japan Airlines ordered the CMA-2102 for 18 firm and 16 optional B747s. Singapore Airlines ordered the antenna for its fleet of 18 new B777s and six B747s. Qantas ordered the antenna for 6 new B747s and 13 A330s.

(Farnborough International, July 22, 2002) Boeing Commercial Airplanes selected CMC Electronics as one of a handful of suppliers to install a suite of new and emerging flight deck technologies on board the Boeing Technology Demonstrator. The new airplane, a next-generation 737-900, was outfitted with CMC's SureSight™ Enhanced Vision System (EVS), which Boeing is highlighting as an emerging technology that “allows pilots to see objects at night and in inclement weather, thus enhancing safety and potentially reducing delays.”

(Farnborough International, July 22, 2002) A new Inmarsat high-speed airborne data service called Swift64 that offers transmission of data at 64 kbps per second will allow aircraft passengers to access the Web, send e-mail and participate in video-conferencing sessions while in flight almost anywhere in the world. The service will also dramatically increase the speed at which airline operations data is transmitted to and from the aircraft while in flight. Trials were conducted recently using Tenzing's connectivity service and CMC's phased array antenna with an integrated Honeywell/Thales satellite communications (Satcom) system aboard Honeywell's Citation V technology demonstrator aircraft. The flight demonstrations showed that the new high-speed service worked exceptionally well.

(Salon international de Farnborough, le 22 juillet 2002) La position de CMC Électronique en ce qui a trait à l'hélicoptère Black Hawk UH-60L/M a été renforcée par l'attribution de deux programmes. Sikorsky Aircraft Corporation a accordé à CMC un contrat de six millions $ CAN pour moderniser le langage logiciel au langage plus évolué ADA dans les systèmes de commande et de visualisation destinés à l'hélicoptère pour évacuation médicale Black Hawk UH-60L en service pour l'armée américaine. CMC a également obtenu un programme subséquent évalué à 650 000 $ CAN relativement à la mise au point de la version de Power PC pour les systèmes de gestion de vol à bord du même modèle de Black Hawk.

(Farnborough International, July 22, 2002) CMC Electronics won a contract to supply its high-performance electronic warfare Avionics Management System known as the CMA-2082F for the German Air Force’s Tornado fighter/bomber midlife improvement program. CMC is in the process of completing the development phase and expects series production to begin in October 2003.

(Farnborough International, July 22, 2002) CMC Electronics continues to meet program requirements as prime contractor of the CP-140 Aurora Navigation and Flight Instruments Modernization Project for the Canadian Department of National Defence (DND). CMC is prime contractor, systems integrator and avionics management systems supplier for this contract, which is valued at $75 million (CDN). As prime contractor, CMC Electronics has total responsibility for a turnkey project that provides proven avionics equipment and significantly enhanced systems reliability, to support existing missions, while providing a clear growth path to meet future performance requirements and incremental system upgrades.

(Montréal, June 11, 2002) CMC Electronics has signed an agreement today to acquire Flight Visions Inc., of Sugar Grove, Illinois. Flight Visions is a well established military aviation company that designs and manufactures a range of cockpit systems and products that includes head-up displays (HUDs), mission computers and control panels for fighter and fighter trainer aircraft, as well as rotary wing aircraft. The operation in Sugar Grove, Illinois, comprises approximately 100 employees and will operate as an integral part of CMC Electronics. The transaction is expected to close in approximately six weeks.

(Ottawa, May 6, 2002) CMC Electronics Inc. has been selected to supply its CMA-2102 High Gain Satellite Communications (Satcom) Antenna in support of EVA Airways’ new Airbus A330-200s (10 aircraft). Aircraft deliveries will start in 2003 and will be completed in 2005.

(Montréal | Ottawa, April 18, 2002) CMC Electronics Inc. has been selected to supply its Global Positioning System (GPS)-based CMA-900 Flight Management System (FMS) as well as its CMA-2102 High Gain Satellite Communications (Satcom) Antenna in support of Japan Airlines’ (JAL) Flight Deck Avionics Upgrade Program for 18 firm and 16 optional B747-200/-200F/-300 aircraft. Deliveries will start in early 2003 and will run through 2004.

(Montréal, April 15 , 2002) CMC Electronics has been awarded a contract option valued at more than US$11.4 million, through the Canadian Commercial Corporation, for the continued supply of AN/TRC-190 communications shelter upgrades to the U.S. Army, under contract DAAB07-98-C-F505. CMC Electronics is supplying its latest-generation High-Capacity Line-of-Sight (HCLOS) radio, the AN/GRC-245. The total value of this contract now exceeds US$52 million.

(Montréal | Ottawa, March 20, 2002) Boeing Commercial Airplanes has selected CMC Electronics as one of a handful of suppliers to install a suite of new and emerging flight deck technologies on board the new Boeing Technology Demonstrator airplane, unveiled yesterday in Seattle. The airplane, a next-generation 737-900, has been outfitted with CMC Electronics' SureSight™ Enhanced Vision System (EVS) which Boeing is highlighting as an emerging technology that "allows pilots to see objects at night and in inclement weather, thus enhancing safety and potentially reducing delays."

(Montréal, March 18, 2002) CMC Electronics has been awarded a contract valued at CAN$5.9 million to supply its latest generation radio to the Procurement Bureau of the Taiwanese Ministry of National Defense. Under the terms of the contract, the CMC Electronics High-Capacity Line-of-Sight (HCLOS) radio, the AN/GRC-245, will be integrated by the Chung Shan Institute of Science and Technology (CSIST) in a point-to-point radio relay system for voice, data and video. Deliveries of the company's HCLOS radio, antennas and MTD-2016 Eurocom multiplexer will be completed by October 2003.

(Asian Aerospace exhibition, February 27, 2002) CMC Electronics Inc. has been selected to supply its CMA-2102 High Gain Satellite Communications (SATCOM) Antenna in support of Singapore Airlines’ new Boeing B777-200/-300 (18 aircraft) and B747-400 (6 aircraft) fleet.

(Asian Aerospace exhibition, February 25, 2002) CMC Electronics has won a contract to supply its Avionics Management System known as the CMA-2082F for the German Air Force’s Tornado midlife improvement program. CMC is currently undertaking design, development, and limited production for the initial phase of this program. The potential exists to provide the CMA-2082F for over 300 aircraft, which would result in approximately $20 million in revenue for CMC Electronics over the next six to seven years.

(Montréal, February 11, 2002) Dr. Michael Gordon-Smith of CMC Electronics has won the prestigious Volare Award by the Airline Avionics Institute, in the Avionics Manufacturer category.

(Montréal, January 23, 2002) Stéphane Dion, Minister of Intergovernmental Affairs, today announced on behalf of Allan Rock, Minister of Industry, a $16.9-million Technology Partnerships Canada (TPC) repayable investment with CMC Electronics Inc.

(National Business Aviation Association convention, December 11, 2001) CMC Electronics has been selected by ACSS (Aviation Communication & Surveillance Systems) to supply Global Positioning System (GPS) receivers for ACSS’s new Traffic and Terrain Collision Avoidance System (T2CASTM). ACSS is an L-3 Communications & Thales company and a leader in safety avionics systems which serve all aviation markets.

(National Business Aviation Association convention, December 11, 2001) CMC Electronics Inc. is on track to certify its dual-band Infrared Enhanced Vision System (IR-EVS) in late 2002. The company has successfully completed two sets of developmental flight trials with over 70 approaches in various adverse weather conditions. Throughout these trials, CMC Electronics has gained considerable performance and certification-related experience, and is now in the final stages of product integration, with FAA and Transport Canada certification flight testing scheduled to begin in late 2002. Certification of the IR-EVS will require the cooperation of an airframe manufacturer, and talks are under way with several business and commercial aircraft producers.