Cubic Part of Lockheed's Team on Army Training Equipment Sustainment Deal; Dave Buss Comments

TYSONS CORNER, VA, March 22, 2018 ” A Cubic (NYSE: CUB) business unit will work to support Lockheed Martin (NYSE: LMT) in the sustainment of U.S. Army instrumentation systems and live-fire ranges through an estimated $185 million subcontract, ExecutiveBiz reported Wednesday.

Cubic said Tuesday Cubic Global Defense will perform work as part of a Lockheed-led team selected for the $3.53 billion Training Aids, Devices, Simulators and Simulations Maintenance Program contract to sustain Army training equipment across the live, virtual, constructive and gaming environments.

“We look forward to working closely with Lockheed Martin and other partners included in this program to improve operational availability of the Army™s TADSS in the critical role of training soldiers worldwide,” said Dave Buss, president of Cubic Global Defense.

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