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Cubic to Enhance Virtual Training Environment for Navy’s LCS Fleet; Dave Buss Comments

TYSONS CORNER, VA, May 18, 2018 — The U.S. Navy has awarded Cubic’s (NYSE: CUB) global defense unit eight delivery orders with a $16 million combined value to update a virtual training environment for the service branch’s Littoral Combat Ships, ExecutiveBiz reported May 10. Cubic said May 10 it will add …

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Cubic, Partner to Deliver Trainer Systems for Air National Guard; Dave Buss Comments

TYSONS CORNER, VA, May 11, 2018 — A team comprised of Cubic‘s (NYSE: CUB) global defense business and Federal Resources has secured an estimated $6 million contract to supply training systems to the Air National Guard, ExecutiveBiz reported Monday. Cubic said Monday it will deploy 95 PRISim Suite PortableTrainer systems with customization software …

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Cubic Opens Dallas Office to Support AT&T Partnership; Mike Twyman Comments

TYSONS CORNER, VA, May 9, 2018 — Cubic’s (NYSE: CUB) mission solutions unit has opened a new office located near AT&T’s (NYSE: T) headquarters in Dallas to provide localized support to the latter’s employees and clients, ExecutiveBiz reported Friday. The companies are working to develop an interoperability tool and have …

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Cubic Exhibits Training Tools at SOFEX Conference in Jordan; Dave Buss Comments

TYSONS CORNER, VA, May 7, 2018 — A Cubic (NYSE: CUB) business unit has set up an exhibit of technologies at this week’s Special Operations Forces Exhibition and Conference in Jordan through May 10, ExecutiveBiz reported Friday. The company said Thursday Cubic Global Defense will feature its P5 Tactical Combat Training System, …

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Cubic Expands Alabama Facility to Support GATR Technologies; Mike Twyman Comments

TYSONS CORNER, VA, May 3, 2018 — Cubic (NYSE: CUB) has expanded its Huntsville, Ala., facility in an effort to centralize the development, production, engineering and administrative functions of its GATR Technologies unit, ExecutiveBiz reported Tuesday. The 100,000-square-foot hub is anticipated to support GATR business operations and growth strategies and …

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Cubic Global Defense President Dave Buss Named to TechFlow Board

Dave Buss, a senior vice president and president of Cubic’s (NYSE: CUB) global defense segment, has been appointed to TechFlow’s board of directors. Robert Baum, TechFlow president and CEO, said in a statement published Tuesday Buss’ understanding of military requirements and insights would help the San Diego-based information technology services …

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Valiant Signs $135M Cash Deal to Buy Cubic’s Global Defense Services Business

Valiant Integrated Services has agreed to acquire Cubic’s (NYSE: CUB) global defense services business for approximately $135 million in cash in a push to expand its client base and broaden its technical platforms and service offerings in training and readiness markets. Valiant CEO James Jaska said in a statement published Thursday …

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Sean Palleschi named Cubic Global Defense financial operations VP, controller; Dave Buss comments

Sean Palleschi, formerly associate finance director of aerostructures division at United Technologies Corp.’s (NYSE: UTX) aerospace systems business, has joined Cubic’s (NYSE: CUB) global defense segment as vice president of financial operations and controller. Dave Buss, president of Cubic Global Defense, said in a statement published Tuesday Palleschi’s previous experience as …

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Cubic Global Defense exhibits at Sea-Air-Space Expo; Dave Buss comments

TYSONS CORNER, VA, April 10, 2018 — A Cubic (NYSE: CUB) business unit has set up an exhibit at this year’s Navy League-hosted Sea-Air-Space Exposition in Maryland, featuring its Immersive Virtual Ship Environment and Joint Strike Fighter P5 Internal Subsystem platforms, GovCon Executive reported Thursday. The company said Wednesday Cubic Global Defense is set …

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Cubic Unit to Perform Comms R&D Under Air Force Contract; Mike Twyman Comments

TYSONS CORNER, VA, April 5, 2018 — The U.S. Air Force has awarded a Cubic (NYSE: CUB) business unit a spot on a potential 10-year, $496 million contract to study and develop communication technologies, ExecutiveBiz reported Monday. The company said March 29 Cubic Mission Solutions will deliver research, development, test and …

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