(Montréal and Ottawa, April 1, 2003) CMC Electronics has received an order from Swiss International Airlines to supply its high gain Satellite Communications (Satcom) antenna system known as the CMA-2102 to Swiss International Air Lines for its fleet of twelve A340 aircraft. Deliveries will be completed by January 2004.

(Montréal and Ottawa, March 25, 2003) CMC Electronics Inc. has been selected by Sikorsky Aircraft Corporation to provide its CMA-2082M Flight Management System (two per aircraft) and CMA-2088 Emergency Control Panel for the UH-60M Black Hawk aircraft. CMC anticipates that it will supply these systems for over 1,200 aircraft that will be upgraded. The total value of this effort may exceed US $110 million in sales over the life of the program.

(Montréal, February 19, 2003) CMC Electronics celebrated an important milestone with the delivery of the 1,500th high gain Satellite Communications (Satcom) antenna system known as the CMA-2102 to Lufthansa on January 31, 2003.

(Calgary, Alberta, Canada and Montréal, Québec, Canada, February 11, 2003) CMC Electronics Inc. and its subsidiary, NovAtel Inc. (NASDAQ: NGPS), announce the signing of a Memorandum of Understanding (MOU) pertaining to NovAtel’s acquisition of CMC Electronics’ Global Positioning System (GPS) Original Equipment Manufacturer (OEM) product line. The target date for actual transfer of the business is early April 2003.

(Montréal, January 29, 2003) Korea Aerospace Industries (KAI) announces the selection of CMC Electronics Inc. as the avionics systems integrator for its KT-1C trainer aircraft projected for the international export market. Under the terms of the contract, CMC Electronics will develop an avionics Systems Integration Laboratory (SIL) and provide an all glass cockpit avionics upgrade for the new trainer aircraft.

(Montréal, December 19, 2002) CMC Electronics Inc. has appointed Mario Larose as vice president in charge of the Custom Electronics business unit for the company. The newly created position underscores CMC Electronics' strategy to build on the strategic initiatives in its electronic components business.

(Montréal, December 16, 2002) CMC Electronics has completed the sale of its subsidiary Northstar Technologies, to Brunswick Corporation (NYSE: BC) of Lake Forest, Illinois. The transaction is part of CMC Electronics’ strategy of divesting certain non-core assets and building the company as a leading aviation electronics, infrared systems and space electronics business. Terms were not disclosed.

(Montréal, December 4, 2002) CMC Electronics Inc. has appointed Robert Atac, former CEO of Flight Visions, Inc. of Sugar Grove, Illinois, as vice president in charge of the military aviation business unit for the company. The announcement formalizes CMC Electronics' leadership team for military products following the acquisition of Flight Visions by CMC Electronics in July of this year. In leading CMC’s Military Aviation business, Atac oversees operations in Sugar Grove, Illinois; Ottawa, Ontario; and the United Kingdom.

(Montréal, November 15, 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 Qantas Airways’ Flight Deck Avionics Upgrade Program for six (6) B747-300 aircraft. Deliveries will start in early 2003 and will be completed by year-end.

(Montréal, October 18, 2002) CMC Electronics celebrated an important milestone with the delivery of the 1,500th high gain Satellite Communications (Satcom) antenna system known as the CMA-2102 to Lufthansa on January 31, 2003.

(Montréal, October 10, 2002) CMC Electronics has signed a contract with Marshall Aerospace of Cambridge, England, for the supply of CMC's' Global Positioning System-based Flight Management System (GPS/FMS) known as the CMA-900, for three C-130 aircraft to be upgraded by Marshall Aerospace for the Austrian Air Force. Deliveries are scheduled to be completed by February 2003.

(Montréal, September 27, 2002) CMC Electronics has completed the sale today of its Military Communications Division to Ultra Electronics Holdings plc of Greenford, England. The transaction is part of CMC Electronics’ strategy of divesting certain non-core assets and building the company as a leading aviation electronics, infrared systems and space electronics business. Proceeds of the sale will be used for further acquisitions and for general corporate purposes.

(Montréal, September 25, 2002) CMC Electronics Inc. has received approval from Transport Canada Civil Aviation (TCCA) of its 24-channel Global Navigation System Sensor Approach (GNSSA) Module for software development compliance to DO-178B level B and for Complex Electronic Component development compliance to DO-254 level B. These approvals are the principal elements required to obtain certification of user systems hosting the GNSSA to TSO-C129a by the Federal Aviation Authority. The approvals are critical milestones for further certifications such as TSO-C145 (WAAS) and TSO (LAAS). Transport Canada is presently in the final stages of issuing their recommendation to the Federal Aviation Administration for TSO approval of CMC's GNSSA module.

(Montréal, September 18, 2002) At the National Business Aviation Association convention held Sept. 10-12, 2002, CMC Electronics and Thales Avionics announced that they have signed a contract whereby CMC's SureSight™ Enhanced Vision System (EVS) Infrared (IR) sensor will be standard fit on the Bombardier Global Express ultra long-range business jet as part of the Thales Avionics EVS.

(National Business Aviation Association convention, September 9, 2002) CMC Electronics announces the expansion of its family of SureSight™ Enhanced Vision Systems (EVS). In addition to the current infrared sensor system, called the “I-series”, CMC is offering a higher resolution, high-sensitivity sensor system, called the “I-series High Res”, as well as a lower cost sensor system called the “M-series”.

(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.