Search Results for: Cubic

Cubic Receives USAF Combat Training Pod Supply Contract

Cubic’s (NYSE: CUB) mission and performance solutions segment has received a contract from the U.S. Air Force to provide airborne pods for the service branch’s P5 Combat Training System at various range facilities located within the continental U.S. The company said Monday it will also supply auxiliary hardware to support military …

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Veritas, Evergreen Coast Capital to Buy Cubic for $2.8B; Ramzi Musallam, Bradley Feldmann Quoted

Ramzi Musallam CEO and Managing Partner Veritas Capital

Veritas Capital and Evergreen Coast Capital, an affiliate of Elliott Investment Management, have agreed to acquire Cubic (NYSE: CUB) for approximately $2.8 billion, or $70 in cash per share. The all-cash transaction includes the assumption of debt and is expected to be finalized during the second quarter of 2021, subject to regulatory clearances, shareholder approval and other customary closing conditions.

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Mike Barthlow: Cubic Offers ‘FirstNet Ready’ Push-to-Talk Connectivity for Radio Platforms

Mike Barthlow SVP Cubic

TYSONS CORNER, VA, February 8, 2021 — Cubic (NYSE: CUB) announced a free software update for its radio communication gateway users to access mission-critical push-to-talk features that work with the national FirstNet broadband network, ExecutiveBiz reported Jan. 28.

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Cubic Consolidates Intelligence Transport Systems Business Line; Jeff Lowinger Quoted

Cubic (NYSE: CUB) has merged five product lines into the San Diego, California-based company’s intelligent transportation systems unit as part of efforts to drive operational efficiency and an emerging concept called mobility as a service. The consolidated ITS segment is led by Jeff Price and comprised of the GRIDSMART, Road User …

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Defense Sector Vet David Whelan Joins Cubic as SVP, Chief Scientist

David Whelan SVP

David Whelan, former vice president of engineering and chief technologist at Boeing (NYSE: BA), has been named senior VP and chief scientist of Cubic (NYSE: CUB). He will lead the development of product line strategies and work with the Cubic executive team to grow technology offerings and drive business growth, the company said Monday.

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Cubic App Server Certified for VMware Hypervisor Compatibility; Mike Barthlow Quoted

Mike Barthlow SVP Cubic

TYSONS CORNER, VA, September 18, 2020 — Cubic (NYSE: CUB) secured certification for its M3X-APP server to run version 7.0 of VMware's (NYSE: VMW) vSphere ESXi hypervisor following completion of a compatibility test on the two products, ExecutiveBiz reported Sept. 1.

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Mike Knowles to Lead Cubic’s New Mission & Performance Solutions Segment

Mike Knowles President Cubic MPS Segment

Cubic (NYSE: CUB) has combined into a single business structure its mission solutions and global defense segments as part of a business realignment effort and appointed Mike Knowles, a senior vice president, as president of the newly formed Cubic Mission and Performance Solutions segment.

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Jim Garrettson, CEO of Executive Mosaic, Presents Mike Twyman, President of Cubic Mission Solutions, His First Wash100 Award

Wash100 Award

Jim Garrettson, founder and CEO of Executive Mosaic, presented Mike Twyman, president of Cubic Mission Solutions (CMS), with his first Wash100 Award on Monday. Executive Mosaic recognized Twyman for driving growth for the company, acquiring Nuvotronics and pushing Cubic’s technical services to help the Defense Information Systems Agency (DISA).

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