San Diego Business Journal

Cubic Defense Deals Could Be Worth Up to $300M

Monday, March 4, 2013

Cubic Corp., the San Diego provider of military training systems and mass transit fare collection systems, said it obtained three prime contracts from the U.S. Naval Air Warfare Center Training Systems Division to develop training systems supporting both variants of the Navy’s new littoral combat ship.

If fully funded, the three contracts have the potential value of $298.5 million over five years, Cubic said.

The contracts were awarded to Cubic’s Simulation Systems Division based in Orlando, Fla. Littoral combat ships are the Navy’s latest generation of surface vessels that can operate in shallow and near-shore waters.

Cubic said its simulation division is combining with its mission support services division, and using a team of subcontractors that includes Austal USA, Alion Science and Technology, Sonalysts Inc., Aptima Inc., Cybernet Systems Corp., Real Time Immersive Inc. and a host of economically disadvantaged businesses to deliver the training products.

— SDBJ Staff Report