Cubic Wins $120M to Provide Immersive Training Equipment to Middle East Nation

Cubic Corp. (NYSE: CUB) announced today it has secured a prime contract worth more than $120 million with a Middle East customer.

Cubic’s simulation system division, the company will provide “immersive training equipment” for various weapons at more than 20 locations. The company said the equipment enables comprehensive marksmanship and small arms training capabilities.

Cubic did not report with whom the contract was with.

“This contract underscores Cubic’s commitment to our security partners in the Middle East region, ” said Bradley Feldmann, president Cubic Defense Applications, Inc.

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