SAN DIEGO, March 20, 2018 /PRNewswire/ -- Cubic
Corporation (NYSE: CUB) today announced that its Cubic
Global Defense (CGD) business division was included in
Lockheed Martin's winning team that was awarded a seven-year,
$3.53 billion contract for U.S. Army
Training Aids, Devices, Simulators and Simulations (TADSS)
Maintenance Program (ATMP). This contract, awarded by the Army
Contracting Command – Orlando, in
support of the U.S. Army Program Executive Office for Simulation,
Training and Instrumentation (PEO STRI), will sustain more than
300,000 fielded, including live-fire ranges and instrumentation
systems worldwide.
Cubic will receive more than $185
million with substantial additional over-and-above work
likely to sustain TADSS across the live, virtual, constructive and
gaming (LVC-G) domains at multiple locations supporting the Army's
readiness at home stations and Combat Training Centers (CTCs).
Cubic will be responsible for global operations supporting 21
locations across 10 states and three countries with more than 500
personnel. The ATMP program will support over 61 different types of
training aides and devices to include Cubic's man-worn Multiple
Integrated Laser Engagement System (MILES) and Home station
Instrumented Training System (HITS).
"We are honored to be part of this winning team with Lockheed
Martin. Delivering integrated and effective training solutions to
enhance operational performance and mission readiness are at the
core of our NextTrainingTM strategy," said
Dave Buss, president of Cubic Global
Defense. "We look forward to working closely with Lockheed Martin
and other partners included in this program to improve operational
availability of the Army's TADDS in the critical role of training
Soldiers worldwide."
"We are proud of the trust and confidence the Army has placed in
Lockheed Martin, along with Cubic, to execute the ATMP program,"
said Amy Gowder, general manager and
vice president, Lockheed Martin Training and Logistics Solutions.
"Our combined knowledge and expertise differentiated us from the
competition and allows us to bring next-generation maintenance and
sustainment to Army TADSS."
ATMP allows maintainers to use mobile devices with advanced
management information technology to efficiently and effectively
track and maintain a wide range of training systems. This allows
the Army to have maximum operational awareness and make informed
decisions using on-demand access to accurate, complete and timely
data.
Lockheed Martin is the prime contractor of the award with Cubic
being a major subcontractor. Cubic will begin its five-month
phase-in with full performance anticipated to commence in
October 31, 2018.
About Cubic Corporation
Cubic is a market-leading, technology provider of integrated
solutions that increase situational understanding for
transportation, defense C4ISR and training customers worldwide to
decrease urban congestion and improve the militaries' effectiveness
and operational readiness. 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 Mission Solutions provides
networked Command, Control, Communications,
Computers, Intelligence, Surveillance and Reconnaissance
(C4ISR) capabilities for defense, intelligence, security and
commercial missions. 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.
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