Cubic Buys GATR, TeraLogics to Expand C4ISR, Satcom Portfolios; Bradley Feldmann Comments

acquisition, mergerCubic Corp. (NYSE: CUB) has acquired GATR Technologies for $232.5 million and TeraLogics for $39 million in a push to grow Cubic’s defense systems business and expand its command, communications, control, computers, intelligence, surveillance and reconnaissance offerings.

Alabama-based GATR manufactures inflatable satellite communication and C4ISR terminals for deployment in remote environments, Cubic said Monday.

Cubic said it expects to complete the purchase of GATR by the second quarter of fiscal 2016 pending regulatory approval and that the acquisition would allow Cubic to complement the product offerings from communications equipment provider DTECH LABS.

Cubic bought DTECH LABS for $114.5 million in December 2014.

Bradley Feldmann
Bradley Feldmann

Cubic also seeks to expand its portfolio of tactical communications platforms and gain access to programs-of-record equipment that work to support expeditionary warfare through its purchase of Virginia-based TeraLogics.

TeraLogics produces full-motion video processing, exploitation and dissemination platforms for the Defense Department, the intelligence sector and commercial firms.

“The acquisition of TeraLogics and GATR represents powerful next steps in achieving our C4ISR growth strategy as they expand our footprint in the C4ISR and SATCOM markets, ” said Bradley Feldmann, president and CEO of Cubic Corp.

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