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Valiant Signs $135M Cash Deal to Buy Cubic’s Global Defense Services Business

Valiant Integrated Services has agreed to acquire Cubic’s (NYSE: CUB) global defense services business for approximately $135 million in cash in a push to expand its client base and broaden its technical platforms and service offerings in training and readiness markets. Valiant CEO James Jaska said in a statement published Thursday …

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Sean Palleschi named Cubic Global Defense financial operations VP, controller; Dave Buss comments

Sean Palleschi, formerly associate finance director of aerostructures division at United Technologies Corp.’s (NYSE: UTX) aerospace systems business, has joined Cubic’s (NYSE: CUB) global defense segment as vice president of financial operations and controller. Dave Buss, president of Cubic Global Defense, said in a statement published Tuesday Palleschi’s previous experience as …

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Cubic Global Defense exhibits at Sea-Air-Space Expo; Dave Buss comments

TYSONS CORNER, VA, April 10, 2018 — A Cubic (NYSE: CUB) business unit has set up an exhibit at this year’s Navy League-hosted Sea-Air-Space Exposition in Maryland, featuring its Immersive Virtual Ship Environment and Joint Strike Fighter P5 Internal Subsystem platforms, GovCon Executive reported Thursday. The company said Wednesday Cubic Global Defense is set …

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Cubic Unit to Perform Comms R&D Under Air Force Contract; Mike Twyman Comments

TYSONS CORNER, VA, April 5, 2018 — The U.S. Air Force has awarded a Cubic (NYSE: CUB) business unit a spot on a potential 10-year, $496 million contract to study and develop communication technologies, ExecutiveBiz reported Monday. The company said March 29 Cubic Mission Solutions will deliver research, development, test and …

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Cubic Mission Solutions Eyes CPI Ground Terminal, Antennas for UAV Operations

TYSONS CORNER, VA, March 23, 2018 — A Cubic (NYSE: CUB) business unit has picked Communications and Power Industries to deliver ground data terminals and antennas that will work to support unmanned aerial vehicle operations, ExecutiveBiz reported Thursday. Space Daily reported Wednesday Cubic Mission Solutions awarded several contracts to CPI’s antenna systems division …

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Cubic Part of Lockheed’s Team on Army Training Equipment Sustainment Deal; Dave Buss Comments

TYSONS CORNER, VA, March 22, 2018 — A Cubic (NYSE: CUB) business unit will work to support Lockheed Martin (NYSE: LMT) in the sustainment of U.S. Army instrumentation systems and live-fire ranges through an estimated $185 million subcontract, ExecutiveBiz reported Wednesday. Cubic said Tuesday Cubic Global Defense will perform work as part …

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Cubic Whitepaper: Public Transit Agencies Key in Mobility-as-a-Service Development

TYSONS CORNER, VA, March 21, 2018 — A Cubic (NYSE: CUB) whitepaper has urged public transit authorities to help drive the development of mobility-as-a-service technologies in order to address congestion, safety, security and other challenges in cities, ExecutiveBiz reported Tuesday. The company said Monday Cubic Transportation Systems President Matt Cole authored the …

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Cubic, Thales Partner to Pursue UK Deal on Joint Fires Training; Dave Buss Comments

TYSONS CORNER, VA, March 13, 2018 — A Cubic (NYSE: CUB) business unit has teamed with Thales in a joint bid for the U.K. government’s Joint Fires Synthetic Training effort for the delivery of joint fires systems for training operations, ExecutiveBiz reported. Cubic Global Defense said the partnership under the Training and Simulation Systems Program aims to …

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Executive Mosaic’s Weekly GovCon Round-up: Wash100 Update & Recent Executive Moves

Weekly Roundup March 5 – March 9, 2018 Click here to see Real-Time GovCon Sector Quotes Wash100 Update & Recent Executive Moves Jim Garrettson, Executive Mosaic CEO The popular vote for the Wash100 continues this week! Voting turn out has been strong since the January 25th launch of the popular vote, …

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Cubic, Lockheed Units Selected for Navy Effort to Study Combined Arms Concepts

TYSONS CORNER, VA, Feb. 27, 2018 — Cubic (NYSE: CUB) and Lockheed Martin (NYSE: LMT) businesses have secured contracts from the U.S. Navy for the development of quantitative assessment methods for urban-based combined arms concepts, ExecutiveBiz reported Monday. The Defense Department said Friday Cubic’s defense applications unit and Lockheed’s rotary and mission …

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