Cubic Wins $300M For Navy Combat Ship Training Systems

Cubic Coporation logo_GovConWireCubic 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.

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