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Tag Archives: cubic

December 2 Market Close: GovCon Index Rebounds as Biotech, Energy Shares Drive Market

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 also drew confidence in data that showed growth in construction spending during …

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December 1 Morning Report: GovCon Index Up; Cubic Reports Record Earnings

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. 30, …

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November 26 Market Close: GovCon Index Extends Climb With Push From Cubic

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 …

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Cubic Sets Revenue Record in 4Q 2014, Records 3% Hike for Full Fiscal Year

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 …

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Dave Schmitz: Cubic to Help US Army Train on Tactical Vehicle, Laser Engagement Systems

Cubic Corp. (NYSE: CUB) has received a more than $51 million U.S. Army order of tactical vehicle and integrated laser engagement systems for the service’s home-station training program. The technology incorporates laser emitters affixed to military weapons and sensors to simulate combat and records data during combat training exercises, Cubic said Monday. “Cubic is proud to provide I-MILES IWS and …

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Bill Toti: Cubic to Support Marines Training for Combat Readiness

A Cubic (NYSE: CUB) operating company within its mission support services business will provide training support to the U.S. Marine Corps under a three-year, $46.5 million contract with the Marine Corps Systems Command. Cubic Applications will help the Marine Air Ground Task Force’s training systems support program in providing battle staff and C4 mobile …

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Jan Marshall to Serve as Cubic VP, CIO; Bradley Feldmann Comments

Jan Marshall, founder of the jlm Coaching and Consulting group, has joined Cubic (NASDAQ: CUB) as vice president and chief information officer. In her new role, Marshall will take charge of the team handling information technology solutions delivery, infrastructure, applications and processes, Cubic said Tuesday. “Her passion for transforming IT within a company to …

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Cubic Announces Exec Changes at Transportation Systems Arm; Matt Newsome, Matt Cole Comment

Cubic‘s (NASDAQ: CUB) transportation systems subsidiary has promoted Dave Blue and Rasheed Behrooznia and transferred Pradip Mistry as part of leadership changes in the company’s sales, engineering and research and development businesses. Blue will serve as vice president of sales and account management while Behrooznia will be VP of engineering for the Americas, the …

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Idaho Nat’l Lab Taps 5 Firms for UAS Data Link Program; Cubic’s Dave Schmitz Comments

Five companies have been contracted to help build a common data link for small unmanned aircraft systems as part of a two-phase program run by the Idaho National Laboratory program. Contractors will work to develop a waveform for the future Bandwidth Efficient Common Data Link system, the laboratory says on FedBizOpps. Idaho National …

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Dave Schmitz: Army to Use Cubic’s ‘Homestation’ Mobile Training System

Cubic Corp. (NYSE: CUB) has won a potential five-year, $200 million contract to supply mobile instrumented training system to the U.S. Army. Dave Schmitz, president of Cubic Defense Systems, said Wednesday the training system features automation, intuitive applications and game-based virtual instruction. “This next-generation Homestation Instrumentation Training System capability provides …

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