San Diego Business Journal

Cubic Corp. Receives $134M Navy Training Contract

Wednesday, April 10, 2013

Cubic Corp. said recently that it received a U.S. Navy training contract that could ultimately be worth nearly $134 million over five years, if the Navy exercises all its options.

The company, based in Kearny Mesa, will deliver academic and simulator instruction for nine different aircraft at five naval air stations, in Milton and Pensacola, Fla.; Meridian, Miss.; and Corpus Christi and Kingsville, Texas.

The Naval Air Warfare Center Training Systems Division, based in Orlando, Fla., awarded the task order to Cubic Worldwide Technical Services.

Shares of Cubic trade on the New York Stock Exchange under the symbol CUB.

— SDBJ Staff Report