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Cubic

Cubic Books $193M Contract to Extend Training System Logistics Support for USAF, Int’l Clients

Cubic (NYSE: CUB) will continue to provide logistics support for air combat training systems of domestic and international defense customers under a seven-year, $193.3M contract from the U.S. Air Force.

The firm-fixed-price, cost-reimbursable-no-fee contract is follow-on to a prior award that expired July 20 and covers depot-level services to address P5CTS foreign military sales and non-FMS requirements, the Department of Defense said Thursday.

P5CTS is designed to support air-to-air and air-to-ground weapon simulations, uses a long-range data link for time, space, position data transmission during exercises and delivers voice communications-based kill notifications to aircrew, according to Cubic.

U.K., Australia, Morocco, Egypt, Poland, Oman, Singapore, Qatar and Saudi Arabia account for 56 percent of contract purchases.

The AF Life Cycle Management Center is the contracting activity and will obligate $236,134 at the time of award. Contract work will take place in San Diego, California, through September 2027.

Cubic received a separate contract in late 2019 to manufacture more airborne P5CTS pods for the service branch and an international client.

Leonardo DRS serves as Cubic's principal airborne instrumentation pod subcontractor.

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