Cubic Receives $12.7 Million Contract Extension from MARTA to Continue Support for Breeze Card in Atlanta
October 27 2016 - 7:00AM
Business Wire
Cubic Transportation Systems to strengthen
transit services in the Greater Atlanta Area
Cubic Transportation Systems (CTS), a business unit of Cubic
Corporation (NYSE:CUB), today announced the award of a $12.7
million, two-year contract extension from the Metropolitan Atlanta
Rapid Transit Authority (MARTA) for Automated Fare Collection
(AFC) maintenance services. The contract also includes options for
an upgrade path to support future updates, which could increase the
value to $52 million if all options are exercised.
CTS designed and delivered MARTA’s Breeze Card, a card-based AFC
system that utilizes Cubic’s smart card ticketing technology, in
2006. Since then, Cubic has been providing maintenance and onsite
support to MARTA and maintenance support to its regional partners:
the Georgia Regional Transportation Authority (GRTA), Cobb and
Gwinnett counties and the Atlanta Streetcar. The Breeze Card system
currently generates more than 106 million rides annually.
Under the contract extension, CTS will continue to support MARTA
and its regional partners with their AFC system. These services
include first-line hardware support, corrective and preventive
maintenance services, local infrastructure support, as well as
software support and maintenance management.
“Cubic has proudly served the Greater Atlanta area for more than
10 years and we’re delighted to extend our support to MARTA and its
regional partners,” said Matt Cole, president of Cubic
Transportation Systems. “Cubic looks forward to assisting those
transit authorities on their paths to serving their stakeholders
now and well into the future.”
The contract extension will help support the growth of transit
services in and around Atlanta, which is quickly becoming one of
the fastest growing urban areas in the country.
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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version on businesswire.com: http://www.businesswire.com/news/home/20161027005220/en/
Montner Tech PRDebra MontnerPH: +1 203-226-9290 ext. 112Cell:
203-984-7861dmontner@montner.comorCubic CorporationLaura
ChonCorporate CommunicationsPH: +1
858-505-2181laura.chon@cubic.com
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