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Cubic Eyes Protected Comms Portfolio Expansion With Nuvotronics Buy; Mike Twyman Quoted

Cubic (NYSE: CUB) has purchased microfabricated radio frequency systems provider Nuvotronics for approximately $64M in cash as part of efforts to expand its portfolio of protected communications technology offerings. Durham, N.C.-based Nuvotronics designs and builds antennas, combiners, filters and other RF devices using the PolyStrata technology developed by the company …

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Cubic Showcases Training, C4ISR Tech at Australian A&D Expo; Mike Twyman, Mike Knowles Quoted

TYSONS CORNER, VA, February 28, 2019 — Cubic (NYSE: CUB) has been scheduled to take part in the Avalon 2019 aerospace and defense exposition in Australia this week, where it will present its technologies in training and command, control, communications, computers, intelligence, surveillance and reconnaissance, ExecutiveBiz reported Monday. The company …

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Cubic to Equip Navy’s MH-60S Helicopters With FMV System; Mike Twyman Quoted

TYSONS CORNER, VA, February 21, 2019 — A Cubic (NYSE: CUB) business unit will supply a modular full-motion video platform for the U.S. Navy’s MH-60S helicopters under a new contract from the Naval Air Systems Command, ExecutiveBiz reported Feb. 14. The company said Feb. 13 Cubic Mission Solutions’ technology, which features its Dual …

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Former Microsoft, IBM Exec Kevin Eagan to Join Cubic as SVP, Chief Digital Officer

Kevin Eagan, a more than three-decade information technology veteran, has been appointed to serve as a senior vice president and chief digital officer at Cubic (NYSE: CUB) beginning on March 25. Bradley Feldmann, chairman, president and CEO of Cubic, said in a statement published Monday that Eagan brings to the company his experience in IT …

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Cubic Intros Expansion Module for Vocality RoIP Comms Platform; Mike Barthlow Quoted

TYSONS CORNER, VA, February 14, 2019 — Cubic (NYSE: CUB) offers an expansion module for a Radio over Internet Protocol communications gateway on push-to-talk handsets that can be deployed for combat, emergency response and other operations, ExecutiveBiz reported Feb. 6. The company said Feb. 5 Cubic Mission Solutions’ USB-capable RoIP Connect module …

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Cubic Subsidiary, iGov to Provide Compact Data Comms Platform for Marines; Mike Barthlow Quoted

TYSONS CORNER, VA, February 11, 2019 — Cubic (NYSE: CUB) and iGov will work to integrate commercial off-the-shelf hardware built by the former’s DTECH Labs subsidiary into a small-form-factor data communications platform for the U.S. Marine Corps under a previously awarded $174M contract, ExecutiveBiz reported Feb. 1. The Cubic Mission …

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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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John Noh Joins Booz Allen as Corporate Development VP

John Noh, a capital market and investment banking veteran, has been appointed vice president of corporate development at Booz Allen Hamilton (NYSE: BAH). He will be responsible for implementing Booz Allen’s inorganic growth, alternative investment and partnership strategies, the company said Friday. Noh previously led a number of divestitures and buyouts during his …

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