Idaho Nat’l Lab Taps 5 Firms for UAS Data Link Program; Cubic’s Dave Schmitz Comments

Five companies have been contracted to help build a common data link for small unmanned aircraft systems as part of a two-phase program run by the Idaho National Laboratory program. Contractors will work to develop a waveform for the future Bandwidth Efficient Common Data Link system, the laboratory says on FedBizOpps. Idaho National Laboratory aims to facilitate command, control, intelligence,...

Dave Schmitz: Army to Use Cubic’s ‘Homestation’ Mobile Training System

Dave Schmitz
Dave Schmitz Cubic Corp. (NYSE: CUB) has won a potential five-year, $200 million contract to supply mobile instrumented training system to the U.S. Army. Dave Schmitz, president of Cubic Defense Systems, said Wednesday the training system features automation, intuitive applications and game-based virtual instruction. “This next-generation Homestation Instrumentation Training System capability provides...

Mike Knowles, Mike Twyman Join Cubic’s Defense Leadership Team

Mike Knowles and Mike Twyman, veterans in the defense business, have both joined Cubic Corp. (NYSE: CUB) in executive roles within the San Diego-based company’s defense business unit. Knowles has been named vice president and deputy general manager of the air ranges and Live-Virtual-Constructive integrated training campaign business segment, Cubic said Wednesday. Twyman has been appointed...

Bradley Feldmann Takes President, CEO Roles at Cubic; Walter C. Zable Comments

Bradley Feldmann
Bradley Feldmann Bradley Feldmann, formerly president and chief operating officer of Cubic Corp. (NYSE: CUB), officially took the reins as president and CEO of the company Tuesday. Feldmann has succeeded William Boyle, who is retiring after a nearly three-decade career at Cubic, the company said Tuesday. Boyle will remain as a board member until February 2015, as well as advise Feldmann and the Cubic...

Cubic Acquires Software, Gaming Firm Intific; Dave Schmitz Comments

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Cubic Corp.  (NYSE: CUB) has acquired Intific Inc. for an undisclosed amount in a move aimed at extending the company’s reach into the cybersecurity, game-based service and transportation training markets. Intific will operate within the Cubic Defense Systems business unit, Cubic said Monday. Dave Schmitz Dave Schmitz, president of Cubic Defense Systems, said the company intends to absorb Intific’s...

Dave Schmitz: Cubic Defense Award ‘Reinforces Growing Footpint’ in Asia Pacific

Dave Schmitz
Dave Schmitz A Cubic Corp. (NYSE: CUB) subsidiary has won a combat training equipment order from an Asia Pacific customer worth more than $70 million. Cubic Defense Systems will build laser-based simulation tools, vehicle kits, weapon configurations, fire systems and backup equipment for the customer, Cubic said Wednesday. “This contract from a long-term customer reinforces our extensive and growing...

Cubic Subsidiary to Help Train Army Reserves Soldiers on Marksmanship; Dave Schmitz Comments

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A Cubic Corp. (NYSE: CUB) subsidiary has won a $10 million contract to help the U.S. Army Reserves train warfighters on how to find targets at a distance. Cubic Defense Systems will provide its Engagement Skills Trainer virtual training tool and simulated weapons to Reserves soldiers using feedback efficiency indicators and three-dimensional targets, Cubic said Thursday. Dave Schmitz, president of...

Cubic to Pay Shareholders 12 Cent Semiannual Dividend

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Cubic Corp.’s (NYSE: CUB) board of directors has approved a regular semiannual dividend of 12 cents per share. The dividend payable on Sept. 4 to stockholders of record as of Aug. 20, 2013, the company said Thursday. LinkedInTweet+1E-mail

Cubic Buys Live Fire Range Firm Assets, Subsidiaries; Dave Schmitz Comments

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Cubic Corp. (NYSE: CUB) has acquired some assets of live fire range facility provider Advanced Interactive Systems as Cubic looks to expand offerings and capitalize on international channels. Cubic closed the buy of AIS’ assets and foreign subsidiaries through a bankruptcy sale, Cubic said Tuesday. Dave Schmitz, Cubic president of defense systems, said AIS will aim to help Cubic extend its training...