Cubic Awarded $5.75 Billion IDIQ Contract to Support Government-wide Human Capital, Training and Organizational Improvements
October 04 2016 - 7:00AM
Business Wire
Cubic Global Defense to use advanced training
technologies to strengthen government workforce readiness
Cubic Global Defense (CGD), a business unit of Cubic Corporation
(NYSE: CUB), today announced the award and receipt of
Notice-to-Proceed on a $5.75 billion Multiple Award, Indefinite
Delivery, Indefinite Quantity (MA-IDIQ) task order contract from
the General Services Administration (GSA) in partnership with the
U.S. Office of Personnel Management (OPM) for Human Capital and
Training Solutions (HCaTS). Under this contract, CGD will have the
opportunity to provide customized training and employee
development, human capital strategy and organizational performance
improvement services across the federal government at all levels.
The base MA-IDIQ contract duration is for five years with an
additional exercisable five-year option period.
With this contract, the government will have direct access to
CGD’s deep organizational planning and transformation; force
structuring; modeling and simulation experience; as well as
game-based, virtual, immersive and neuroscience-based training and
development capabilities. CGD is one of 72 unrestricted contracts
awarded under the HCaTS vehicle and 37 that were set aside for
small businesses under the HCaTS SB vehicle.
“As part of our NextTraining strategy, Cubic is focused on
raising organizational readiness and optimizing human performance
in all government settings,” said Chris Bellios, senior vice
president of defense and intelligence services for Cubic Global
Defense. “We look forward to working with GSA, OPM and various
government organizations to expand the impact and accessibility of
organizational government performance solutions.”
HCaTS is considered to be the first government-wide human
capital solution using category management, an enterprise-wide
approach to acquiring goods and services used in private industry
and by other government agencies. HCaTS contracts will allow
federal agencies to take an efficient and innovative approach to
their workforce and training requirements. The GSA will handle
administration of the contracts while OPM will manage the
programs.
About Cubic Corporation
Cubic Corporation designs, integrates and operates systems,
products and services focused in the transportation, defense
training and secure communications markets. Cubic Transportation
Systems is a leading integrator of payment and information
technology and services to create intelligent travel solutions for
transportation authorities and operators. Cubic Global Defense is a
leading provider of live, virtual, constructive and game-based
training solutions, special operations and intelligence for the
U.S. and allied forces. Cubic Mission Solutions provides networked
Command, Control, Communications, Computers, Intelligence,
Surveillance and Reconnaissance (C4ISR) capabilities for defense,
intelligence, security and commercial missions. For more
information about Cubic, please visit the company's website at
www.cubic.com or on Twitter @CubicCorp.
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Cubic CorporationLaura ChonCorporate Communications+1
858-505-2181laura.chon@cubic.com
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