A Cubic Corp. (NYSE: CUB) subsidiary has won a $134 million task order contract to provide training and support services to the U.S. Navy for nine types of aircraft.
This five-year order falls under the Fielded Training Systems Support III indefinite-delivery/indefinite-quantity contract, Cubic said Tuesday.
Cubic Worldwide Technical Services started work April 1 at five naval air stations and provides academic and simulator instruction for basic and advanced aircraft flight operations.
“This announcement is another testament of Cubic’s continued partnership with the United States Navy and our dedication to supporting our troops, ” he added.
Work will take place at air stations in Pensacola and Whiting Field, Fla.; Corpus Christi and Kingsville, Texas; and in Meridian, Miss.