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David Buss to Head Cubic’s Defense Segment, Mike Twyman Named Mission Solutions Division Lead

Cubic Corp. (NYSE: CUB) has promoted David Buss to president of the San Diego-based contractor’s global defense segment and Mike Twyman to president of the company’s 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 …

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Cubic Lifts FY 2016 Revenue Guidance on 2Q Beat; Earnings Forecast Narrowed

Cubic Corp. (NYSE: CUB) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has lifted revenue guidance for its 2016 fiscal year in part on added contributions from two acquired businesses and exceeded Wall Street estimate for the company’s second quarter. The San Diego-based defense and transportation contractor now …

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Frank Wiercinski, Mike Kelly Appointed to Leadership Roles at Cubic’s Global Defense Segment

Frank Wiercinski, formerly a group vice president at Lockheed Martin (NYSE: LMT) and a retired U.S. Army lieutenant general, has joined Cubic (NYSE: CUB) as senior VP and managing director of its global defense segment’s operations in the Asia-Pacific region. He will manage the segment’s customer base in the APAC region and expansion strategy in the C4ISR and integrated …

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Cubic Lands Army Home-Station Training Contracts; Bill Toti Comments

Cubic has been awarded $44 million in contracts to provide tactical engagement simulation systems to the U.S. Army for use in training exercise scenarios. The company said Monday it will produce instrumentable-multiple integrated laser engagement system individual weapon systems for the Army’s program executive office for simulation, training and instrumentation. “We …

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February 4 Market Close: GovCon Index Narrowly Exits Correction on CACI Guidance Lift, Cubic & Maximus 1Q Misses Weigh

The GovCon Index held in positive territory in choppy trade Thursday with a nominal gain of 0.109 points to 71.005 held up large jumps in the share prices of government services contractor CACI International (NYSE: CACI), satellite provider Intelsat (NYSE: I) and armored truck maker Navistar International (NYSE: NAV). With …

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Cubic Buys GATR, TeraLogics to Expand C4ISR, Satcom Portfolios; Bradley Feldmann Comments

Cubic Corp. (NYSE: CUB) has acquired GATR Technologies for $232.5 million and TeraLogics for $39 million in a push to grow Cubic’s defense systems business and expand its command, communications, control, computers, intelligence, surveillance and reconnaissance offerings. Alabama-based GATR manufactures inflatable satellite communication and C4ISR terminals for deployment in remote environments, …

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November 24 Market Close: GovCon Index Up on Cubic Earnings, Dow and S&P 500 Rally Late

The GovCon Index rebounded Tuesday with a gain of 0.133 points to 79.681 on earnings from defense and transportation contractor Cubic Corp. (NYSE: CUB) that exceeded analyst estimates for both its full 2015 fiscal year and fourth quarter. Shares in San Diego-based Cubic closed up 5.51 percent to $48.10 and peaked at …

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Cubic 4Q, FY 2015 Earnings Top Street Forecasts; Record Set for Yearly Sales

Cubic Corp. — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported respective earnings of $1.05 and $1.16 per share respectively for the fourth quarter and full 2015 fiscal year ended Sept. 30. Both quarterly and full-year figures for the San Diego-based defense and transportation electronics maker exceeded the consensus Wall …

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Transport Scotland Extends Cubic Traffic Support Services Contract

TYSONS CORNER, VA, October 13,  2015 — Scotland’s transportation agency has awarded Cubic (NYSE: CUB) a follow-on contract to provide maintenance and management support to the national trunk road network, ExecutiveBiz reported Monday. The company said Cubic Transportation Systems has been collaborating with the Toronto-based IBI Group through the years to …

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GATR Chooses Cubic Tech for USMC Satcom Antenna

TYSONS CORNER, VA, October 8,  2015 — GATR Technologies has chosen Cubic (NYSE: CUB) company Dtech Labs to provide baseband equipment for the U.S. Marine Corps, ExecutiveBiz reported Wednesday. Dtech will field its M3-SE baseband for pairing with GATR’s portable inflatable satellite communications antenna to make up USMC’s HBSI-PT program of …

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