Cubic Corp. has won $300 million in contract awards from the to produce training systems for the branch’s combat ships, the Orlando Sentinel reports.
Richard Burnett writes the company’s simulation systems division won three $100 million awards to build the systems for the Littoral Combat Ship.
The company will make systems for both Lockheed Martin‘s (NYSE: LMT) and General Dynamics‘ (NYSE: GD) versions of the ship, according to the report.
A Lockheed-led team is building the third and fourth ships in the LCS program under a $715 million contract award, handed down in March 2012.
The Navy received 15 offers total for the three contracts via electronic requests for proposals, according to a Defense Department release.
