Home / Tag Archives: CUB

Tag Archives: CUB

Cubic to Extend Army Training Support Under $61M Contract; Dave Buss Comments

Cubic (NYSE: CUB) has received a potential five-year, $61 million contract to support the U.S. Army‘s rotational and pre-deployment training exercises. The company said Wednesday its global defense segment will continue to provide training support services at the Army’s Joint Readiness Training Center in Fort Polk, Louisiana, under the contract that has one base year …

Read More »

Lockheed Vet James Craig Joins Cubic Defense Segment as Ground Training Systems VP, GM; Dave Buss Comments

James Craig, a 35-year veteran of Lockheed Martin (NYSE: LMT), has joined Cubic’s (NYSE: CUB) global defense segment as vice president and general manager of ground training systems. “Jim brings a wealth of talent, energy and remarkable program execution credentials to Cubic,” Dave Buss, president of Cubic Global Defense, said …

Read More »

Cubic Eyes Wireless Comms Capability Expansion Via Deltenna Purchase; Bradley Feldman Comments

Cubic (NYSE: CUB) has wrapped up its purchase of U.K.-based radio and antenna communication platforms provider Deltenna for an undisclosed sum in a push to build up wireless communications capabilities for training and tactical applications. Deltenna designs and produces rugged antennas, broadband range extensions, Long Term Evolution base stations and other …

Read More »

AECOM, Siemens Vet Anshooman Aga to Succeed John Thomas as Cubic CFO in October

Anshooman Aga, formerly a senior vice president and chief financial officer at AECOM’s (NYSE: ACM) design and consulting services business in the Americas, will join Cubic (NYSE: CUB) as executive VP on July 17. Aga will take over as CFO on Oct. 1 and succeed John “Jay” Thomas, who will assume …

Read More »

10 Companies Land $231M Contract Spots to Support Army Combined Arms Center

The U.S. Army has awarded 10 companies positions on a potential five-year, $231 million contract that covers non-personal services for the Army Combined Arms Center. The Defense Department said Wednesday contractors will vie for task orders to help CAC develop and produce training and education strategies, scientific human subject studies, doctrine, concepts, instruction and …

Read More »

March 1 Market Close: GovCon Index, US Stocks Climb to New Records on Trump Speech & Rate Hike Chatter

Executive Mosaic’s GovCon Index closed at an all-time high Wednesday for the second time in three sessions as U.S. stocks also extended their record-setting rally in their best one-day performance of 2017 so far with the S&P 500 composite index above 2,400 for the first time during intraday trade after President Donald …

Read More »

February 23 Market Close: GovCon Index Lower on Services & Industrial Declines

Executive Mosaic’s GovCon Index posted its biggest one-day decline in a month Thursday with services and industrial components the largest drags in a session that saw U.S. equities struggle for clear direction as investors looked for more clarity on President Donald Trump’s economic agenda. GovCon Index decliners outnumbered advancers by a 5-to-1 ratio …

Read More »

February 21 Market Close: GovCon Index Hits 5th Straight Record Close, Wal-Mart Sales Beat Lifts US Stocks

Executive Mosaic’s GovCon Index climbed to a record close for a fifth straight session Monday with Boeing (NYSE: BA) the main contributor along with mid-tier aerospace gains as U.S. stocks also pushed to new all-time highs after Wal-Mart reported quarterly sales above Wall Street’s forecasts. GovCon Index advancers outnumbered decliners by a 9-to-1 …

Read More »

February 21 Morning Report: GovCon Index Posts 5th Straight Record Close

Executive Mosaic’s GovCon Index ended the week with a five-day advance of 2.72 percent and extended its current stretch of positive movement to three trading weeks. Huntington Ingalls Industries (NYSE: HII) was the top net performer among S&P 500 companies in the GCI while Boeing (NYSE: BA) was one of the best gainers listed in both indices. Stocks of Boeing, HII, …

Read More »

February 17 Market Close: GovCon Index Sets 5th Straight Record Close on Boeing & Huntington Ingalls Lifts

Executive Mosaic’s GovCon Index crawled to a fifth straight record close Friday to extend its current stretch of weekly gains to three and record a five-day advance of 2.72 percent . The U.S. stock benchmark S&P 500 also inched to a record close for a weekly gain of more than 1 percent despite investor …

Read More »