Search Results for: Cubic

Dan Hedstrom Appointed Cubic VP, CIO; Bradley Feldmann Quoted

Dan Hedstrom, formerly vice president of system solutions and services for Cubic’s (NYSE: CUB) transportation systems business division, has been named VP and chief information officer of the San Diego-based government contractor. He will report to Bradley Feldmann, president and CEO of Cubic, and oversee the firm’s global information technology …

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Cubic’s Renovation of San Diego Air Combat Training System Factory Nears Completion

TYSONS CORNER, VA, January 30, 2018 — Cubic (NYSE: CUB) is looking to complete updates to its manufacturing facility in San Diego that houses production and testing of training systems for air combat operations, ExecutiveBiz reported Sunday. The company said Friday the renovation is aimed to give the plant additional capacity …

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Cubic Acquires GRIDSMART for $87M, Expands Intelligent Traffic Management Offering

San Diego, Calif.-based Cubic Corporation announced its acquisition of GRIDSMART Technologies, Inc. on Wednesday for $87M in cash, subject to customary adjustments. In 2019, GRIDSMART anticipates $25M in sales and $8M of adjusted EBITDA. Cubic expects to finance the acquisition through its existing credit facilities and predicts the transaction will be accretive to cash …

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Matthew Pfrommer Named Strategic Capabilities VP for Cubic Mission Solutions Business; Mike Twyman Quoted

Matthew Pfrommer, who joined Cubic (NYSE: CUB) last year, has been appointed vice president of strategic capabilities at the company’s mission solutions business. He will aim to implement business strategies, establish a CMS innovation center and identify new growth opportunities through technology development efforts in his new role, Cubic said Wednesday. CMS President Mike …

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Grace Lee Named Cubic Chief HR & Diversity Officer

Grace Lee, former senior vice president of global human resources at biotechnology firm Charles River Laboratories (NYSE: CRL), has been appointed chief HR and diversity officer at at Cubic (NYSE: CUB). Her appointment is effective Oct. 29 and she will oversee Cubic’s diversity strategy as well as talent management, diversity strategy and organizational …

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Cubic Chairman & CEO Bradley Feldmann Named Board Leadership Fellow at NACD

TYSONS CORNER, VA, October 24, 2018 — Cubic (NYSE: CUB) Chairman, President and CEO Bradley Feldmann will join the National Association of Corporate Directors fellowship program as a board leadership fellow, ExecutiveBiz reported Tuesday. The company said Monday NACD fellows are part of an annual program of study aimed to generate …

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Cubic to Provide Mobile App for Update of SF Bay Area’s Fare Payment System

TYSONS CORNER, VA, October 1, 2018 — A Cubic (NYSE: CUB) business unit will work with Microsoft (Nasdaq: MSFT) to update the smart card-based fare payment technology serving the San Francisco Bay Area under a $394M contract from the region’s transportation agency, ExecutiveBiz reported Friday. Cubic Transportation Systems said Thursday it will …

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Cubic to Deliver Air Combat Training System for Lockheed’s F-35; Dave Buss Quoted

TYSONS CORNER, VA, September 26, 2018 — A Cubic (NYSE: CUB) business unit has secured a contract from Lockheed Martin (NYSE: LMT) to provide air combat training technology for the latter’s F-35 Lightning II Lots 12 to 14 aircraft, ExecutiveBiz reported Thursday. Cubic Global Defense will supply an estimated 500 F-35 …

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Cubic to Provide GATR Inflatable Satcom & Networking Systems to Army; Mike Twyman Quoted

TYSONS CORNER, VA, September 13, 2018 — Cubic (NYSE: CUB) will deliver inflatable satellite communications and networking systems to the U.S. Army in support of expeditionary operations via orders worth more than $55M combined, ExecutiveBiz reported Sept. 6. The company said Sept. 6 its mission solutions division will supply the GATR Technologies-manufactured systems and spares …

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Cubic Global Defense, Mission Solutions Present at Land Forces 2018 Expo

TYSONS CORNER, VA, September 10, 2018 — Cubic (NYSE: CUB) was set to participate at the Land Forces 2018 exposition in Australia last week with an exhibit of its military training, command, control, communications, computers, intelligence, surveillance and reconnaissance technology, ExecutiveBiz reported Aug. 31. The company said Aug. 30 it aimed to …

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