SAN DIEGO, Sept. 6, 2017 /PRNewswire/ -- Cubic Global
Defense, a business division of Cubic Corporation (NYSE:
CUB) today announced it received a contract award worth
more than $25 million from a customer
in the Asia-Pacific region for the
delivery of three mobile combat training centers (CTC). Cubic will
provide its latest generation laser-based simulation equipment for
dismounted soldiers, vehicles and numerous weapon configurations.
The contract also includes the implementation of communication
system components, after action review capabilities and exercise
control system integration.
"This contract award underscores Cubic's position as a leading
provider of instrumented combat training centers worldwide," said
Dave Buss, president of Cubic Global
Defense. "We are committed to delivering the most advanced training
systems to ensure our partners and allies have the ability to
establish realistic training environments that accurately simulate
the complexities of combined arms operations."
Engineering and production for the contract will be performed in
San Diego, California. The first
deliveries will be executed in 2018 and will continue through
2019.
About Cubic Corporation
Cubic Corporation designs, integrates and operates systems,
products and services focused in the transportation, defense
training and secure communications markets. As the parent company
of two major business units, Cubic's mission is to increase
situational awareness and understanding for customers worldwide.
Cubic Transportation Systems is a leading integrator of payment and
information technology and services to create intelligent travel
solutions for public transit authorities and operators. Cubic
Global Defense is a leading provider of realistic combat training
systems, secure communications and networking and highly
specialized support services for military and security forces of
the U.S. and allied nations. For more information about Cubic,
please visit the company's website at www.cubic.com or on Twitter
@CubicCorp.
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SOURCE Cubic Corporation