Tag Archives: cubic

Cubic Wins $92M Contract to Update Navy Courseware

Cubic (NYSE: CUB) will design, develop and test training materials for the U.S. Navy’s Relevant Ready Learning program under a potential four-year, $92.4 million contract. The company will also help the service branch prepare course pilot and train-the-trainer programs as part of the indefinite-delivery/indefinite-quantity contract, the Department of Defense said …

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Cubic Receives USAF Combat Training Pod Supply Contract

Cubic’s (NYSE: CUB) mission and performance solutions segment has received a contract from the U.S. Air Force to provide airborne pods for the service branch’s P5 Combat Training System at various range facilities located within the continental U.S. The company said Monday it will also supply auxiliary hardware to support military …

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Virgin Galactic Names Four Aerospace Vets to Newly Formed Advisory Board

Aerospace sector veterans Chris Hadfield, Sandy Magnus, David Whelan, George Whitesides have joined a new board at Virgin Galactic (NYSE: SPCE) that will advise the company's senior leadership team on commercial spacelight and vehicle development matters. Virgin Galactic said Tuesday its space advisory board members will hold discussions regarding operational …

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Veritas, Evergreen Coast Capital to Buy Cubic for $2.8B; Ramzi Musallam, Bradley Feldmann Quoted

Ramzi Musallam CEO and Managing Partner Veritas Capital

Veritas Capital and Evergreen Coast Capital, an affiliate of Elliott Investment Management, have agreed to acquire Cubic (NYSE: CUB) for approximately $2.8 billion, or $70 in cash per share. The all-cash transaction includes the assumption of debt and is expected to be finalized during the second quarter of 2021, subject to regulatory clearances, shareholder approval and other customary closing conditions.

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Cubic Consolidates Intelligence Transport Systems Business Line; Jeff Lowinger Quoted

Cubic (NYSE: CUB) has merged five product lines into the San Diego, California-based company’s intelligent transportation systems unit as part of efforts to drive operational efficiency and an emerging concept called mobility as a service. The consolidated ITS segment is led by Jeff Price and comprised of the GRIDSMART, Road User …

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ArchIntel Offering Competitive Intelligence Roundtable Membership to Enhance CI Collaboration

ArchIntel

ArchIntel, the market leading provider of open source daily intelligence, competitive intelligence reports and competitive intelligence events, is now offering a Competitive Intelligence Roundtable Membership for CI professionals at the executive level to privately discuss the challenges and best practices for the competitive and market intelligence sectors. 

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Defense Sector Vet David Whelan Joins Cubic as SVP, Chief Scientist

David Whelan SVP

David Whelan, former vice president of engineering and chief technologist at Boeing (NYSE: BA), has been named senior VP and chief scientist of Cubic (NYSE: CUB). He will lead the development of product line strategies and work with the Cubic executive team to grow technology offerings and drive business growth, the company said Monday.

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Cubic App Server Certified for VMware Hypervisor Compatibility; Mike Barthlow Quoted

Mike Barthlow SVP Cubic

TYSONS CORNER, VA, September 18, 2020 — Cubic (NYSE: CUB) secured certification for its M3X-APP server to run version 7.0 of VMware's (NYSE: VMW) vSphere ESXi hypervisor following completion of a compatibility test on the two products, ExecutiveBiz reported Sept. 1.

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