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Tag Archives: cubic

January 26 Market Close: GovCon Index Dips, US Stocks Flat

The GovCon Index held relatively level alongside a largely flat U.S. stock market to record a nominal loss of 0.110 points — or 0.152 percent — and close at 74.447 on Monday. Traders considered the results from Greece’s national election that saw an anti-austerity party win 149 out of a 300 possible seats in that country’s parliament …

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Bill Toti: Cubic to Continue Support for AF Research Lab Work

Cubic (NYSE: CUB) will provide the U.S. Air Force with research,  analysis, testing and evaluation support for survivability and chemical, biological, radiological and nuclear weapons counterproliferation missions under a five-year, $9.9 million contract. The company said Monday its mission support services unit will perform the work for the Human-Centered Intelligence, Surveillance and Reconnaissance Division of the Air …

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Mike Barthlow Joins Cubic as C4ISR Strategy VP; Mike Twyman Comments

Mike Barthlow, formerly executive vice president and chief strategy officer of Iris Technology, has joined Cubic‘s (NYSE: CUB) defense applications business as vice president of C4ISR strategy and business development. The company said Thursday Barthlow will oversee the segment’s market expansion and partnerships and support its secure communications portfolio through the recently acquired DTECH Labs. …

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January 22 Market Close: GovCon Index Sets Record High, Traders Welcome ECB Stimulus Plan

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 …

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Keith Cooper Named SVP of Cubic Mission Support Services Segment; Bill Toti Comments

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 and customer partnership functions …

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December 29 Morning Report: GovCon Index Up from Tuesday’s Close

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, …

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Booz Allen, Cubic Subsidiary, Janus Research to Provide Army Mission Support

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 awarded through the Army Contracting Command and will run through Dec. …

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Cubic Buys DTECH LABS for $114.5M; Bradley Feldmann Comments

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 C4ISR business generating …

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BAE Vet Chris Bellios Joins Cubic as Nat’l Intell SVP; Bill Toti Comments

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 General Manager Bill Toti and oversee the execution of Cubic’s national intelligence programs, the company said Wednesday. “Chris …

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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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