Cubic Corp. (NYSE: CUB) cut its full-year earnings outlook in fiscal third quarter financial results released Wednesday as the defense and transportation contractor expects increases to interest and financing costs on a new credit facility, tax expenses and a partial pension settlement plan in the fourth quarter. San Diego-based Cubic expe...
Executive Mosaic’s GovCon Index traded higher Monday in mixed activity for U.S. stocks as Engility Holdings (NYSE: EGL) surged on a second quarter earnings beat with General Dynamics (NYSE: GD) and Cubic Corp. (NYSE: CUB) also as top performers. The GovCon Index added 0.252 points to 82.500 with four of the GCI’s 11 S&...
Cubic Corp. (NYSE: CUB) global defense business unit has received a five-year, $73 million task order from the U.S. Navy to operate and maintain the aviation training devices and simulators at six U.S. Marine Corps locations. Cubic will also provide simulator and classroom training for Marine Corps pilots and other aircrew under the Navy&#...
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 def...
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 contra...
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 i...
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, train...
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 Thursday’s gain, the...
QinetiQ has named Brad Feldmann, a past Wash100 awardee, and John Kavanaugh to its SSA board of directors, established in 2021 under a special security agreement with the Defense Counterintelligence and Security Agency. The company said Wednesday the appointments follow Tom Vecchiolla’s departure to become QinetiQ US president and CE...
The board of directors of Buchanan & Edwards has selected Chris Bellios, a defense, intelligence and private sector leader, to serve as the federal technology services provider’s CEO. BE said Tuesday Bellios brings to the role over four decades of leadership experience across the CIA, the U.S. Marine Corps and the private sector. ...
