Air Force Hands Out $4.7B IDIQ for Professional, Analysis, Engineering Services

Eight large businesses and 17 small businesses have been awarded positions on a maximum $4.7 billion multiple-award indefinite-delivery/indefinite-quantity contract with the U.S. Air Force, the Defense Department announced Tuesday. The companies will compete for task orders to provide: Management and professional support services Studies, analyses and evaluations Engineering and technical services The...

Cubic Reports Record Sales, Backlog in FY2011; Profit Grows 20%

Cubic Corp. (NYSE: CUB) has released financial results for its 2011 fiscal year ended Sept. 30, 2011. The company reported record high sales totaling approximately $1.3 billion, an increase of 8 percent over sales of nearly $1.2 billion in 2010. Profit rose 20 percent to $84.8 million, or $3.17 per share, from $70.6 million, or $2.64 per share last year. Total backlog also reached a record high...

Cubic to R&D Abrams Gun Shields, Deliver Virtual Trainer to National Guard

Cubic Corp. (NYSE: CUB) has won an $11 million order to provide a virtual small arms training system to the U.S. Army National Guard. The order includes simulated weapons and subtrainers for the Engagement Skills Trainer 2000. The company will also research and develop a design mock-up for 77 Loader’s armored gun shields, which fit in the turret hatches of M-1 Abrams battle tanks. The work is part...

Cubic Wins $49M for Data Link of Joint STARS Surveillance System

Cubic Defense Applications (NYSE: CUB) has won a five-year $49 million indefinite-delivery/indefinite-quantity U.S. Army contract to provide repairs and engineering support for an airborne surveillance and control data link. The data link relays data and communications for Joint STARS, a Northrop Grumman (NYSE: NOC) built battle management, intelligence, command, control and surveillance system. The...

Cubic Wins $31M Award for Various Air Force Systems

Cubic Defense Applications (NYSE: CUB) has won a maximum $31,435,144 firm-fixed-price award from the U.S. Air Force for approximately 105 various systems. Systems include: airborne subsystems parallel and serial umbilicals ballast and  ground subsystems ground subsystem The ground subsystems include live monitors, control display units and remote range units. The company will also provide...

Cubic Wins Order on $100M IDIQ for Tactical Vehicle Laser Trainer; Brad Feldmann Comments

  Brad Feldmann, Cubic Defense Applications Cubic Corp.’s (NYSE: CUB) defense systems business has received a first production order for its tactical vehicle system from the U.S. Army‘s program executive office for simulation, training and instrumentation. The $13 million order is under an indefinite-delivery/indefinite-quantity contract awarded last year, which is potentially worth...

Cubic to Support Pre-Deployment Army Solider Training

The U.S. Army has awarded Cubic Applications Inc. (NYSE: CUB), Lacey, Wash., a $36,490,538 cost-plus-award-fee contract. The company will provide mission support requirements to the U.S. Army Joint Readiness Training Center at Fort Polk, La. The center trains soldiers prior to their deployment to a combat zone. One bid was solicited, with one bid received. The work has an estimated completion date...

Cubic Intros Mini Transceiver

Cubic Corporation (NYSE: CUB) announced today its business unit, Cubic Defense Applications, premiered its multiple radio frequency digital data link. The Multibank Miniature Transceiver mitigates the flow of voice and image data between air and ground stations. Cubic says MMT also includes additional removable encryption to protect the information. Cubic designed MMT to work with intelligence, surveillance...