June 15, 2009 / 12:42 PM / 9 years ago

UPDATE 1-CAE says gets contracts worth more than C$115 mln

* Gets contracts for C-130 simulators, training devices

* Contracts from Lockheed Martin, another customer

June 15 (Reuters) - Flight-simulator maker and training company CAE Inc (CAE.TO) CGT.N said it had been awarded contracts worth more than C$115 million ($101.9 million) to design and manufacture four C-130 simulators and several training devices for military customers around the world.

The Montreal-based company said the contracts with Lockheed Martin Corp (LMT.N) and an undisclosed customer were signed over the past three months.

Of the total contract value, more than C$60 million will be applied to its fiscal year 2010, CAE said, adding that the remainder was already in the backlog of fiscal year 2009.

Shares of the company closed at C$7 Friday on the Toronto Stock Exchange.

$1=1.129 Canadian dollar Reporting by Adveith Nair in Bangalore; Editing by Vinu Pilakkott

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