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The GovCon Index set a new record-high Thursday with a gain of 1.134 points — or 1.543 percent — to close at 72.346. All but two stocks on the index recorded increases in a day that saw the GovCon Index surpass the previous record of 71.722 set on Dec. 26, 2014. U.S. stocks largely recorded gains Thurs...
Keith Cooper, formerly a business development executive and director of logistics and training at Raytheon (NYSE: RTN), has joined Cubic (NYSE: CUB) as senior vice president of the mission support services unit’s operations support and education group. Cubic said Tuesday Cooper will be in charge of business development ...
The GovCon Index ended a week of trading at 71.793 points on Friday, up 0.148 or 0.206 percent from Tuesday’s close. Reuters reported that key market indicators closed a second straight week of gains, citing a positive economic outlook. The Dow Jones industrial average gained 23.5 points, or 0.13 percent, to 18, 053.71, the Standar...
The U.S. Army has awarded Booz Allen Hamilton (NYSE: BAH), Cubic Applications (NYSE: CUB) and Janus Research Group spots on a $240 million contract to provide the Army Capabilities Integration Center with mission support services. The Defense Department said Friday that the contract was awa...
Cubic Corp. (NYSE: CUB) has acquired modular networking and baseband communications equipment provider DTECH LABS Inc. for $114.5 million. Bradley Feldmann, president and CEO of Cubic, said Tuesday the DTECH acquisition is part of the company’s “near-term strategy to build a niche $100 [million] to $200 million C4...
Chris Bellios, formerly a vice president at BAE Systems, has joined Cubic as senior vice president of national intelligence for the mission support services business and will manage training and mentorship strategies. He will report to Mission Support Services President and Gene...
The GovCon Index gained some ground Tuesday from the previous day’s loss with an increase of 0.387 percent – or 0.273 points – to close at 70.263. Biotechnology and energy companies were the major drivers of activity on the major stock markets and investors als...
The GovCon Index closed Wednesday at 70.507, a 0.35 percent increase from Tuesday, continuing its week of gains for the third day in a row heading into the Thanksgiving break. Cubic Corp. (NYSE: CUB) led Index gainers reporting positive financial results for its fourth quarter and full 2014 fiscal year ended Sept....
The GovCon Index continued its week of gains into a third straight day as it closed at 70.507 — a 0.35 percent increase from Tuesday. Cubic Corp. (NYSE: CUB) was the largest gainer for the Index as the company said in its earnings release it set a new quarterly revenue record. Reuters cited technology stocks as drivers...
Cubic Corp. (NYSE: CUB) has announced financial results for its fourth quarter and full 2014 fiscal year ended Sept. 30, 2014. The San Diego-based defense and transportation technology contractor reported a 3-percent increase in revenue to $1.398 billion for the full year and a 16-percent jump to a record figure of $396.4 million for the...
