Cubic Corp.Â (NYSE: CUB)Â has promoted David Buss to president of the San Diego-based contractorâs global defense segment and Mike Twyman to president of the companyâs newly-established mission solutions business division as part of a realignment initiative.
The company said Wednesday Buss, a senior vice president in the global defense segment; and Twyman, executive VP of the communications, intelligence and surveillance systems; have also both received a corporate SVP title andÂ will report to CEO Brad Feldmann.
Buss, a 36-year U.S. Navy veteran and retired vice admiral, will succeedÂ Bill Toti as head ofÂ a global defense segmentÂ that was formed in February 2015 from theÂ consolidation of Cubic’s defense systems and missions support services businesses.
Cubic recorded $864.2 million in global defense revenue during its 2015 fiscal year that runs on an October-September basis to represent approximately 60.4 percent of total company sales during that period.
Buss will oversee the business strategy for the defense segment’sÂ NextTraining program, which aims to identify newÂ platforms for integration with defense training systems.
Twyman will be in charge of theÂ TeraLogics, XD Solutions, GATR Technologies, DTECH Labs and other command, communications, control, computers, intelligence, surveillance and reconnaissance businesses within the mission solutions division that now serves as a formalized organization within Cubic, the company said.
Cubic acquired GATR and TeraLogics in December for $261.5 million combined one year after theÂ purchase ofÂ communications equipment provider DTECH Labs for $114.5 million.
Twyman joined Cubic in July 2014 after a three-decade career at Northrop GrummanÂ (NYSE: NOC), where he held senior leadership roles such as SVP and GM of theÂ defense systems division and VP of joint network systems.