San Diego Business Journal

Cubic Receives $18.3M Contract for Fighter Combat Training System

Tuesday, January 14, 2014

Cubic Defense Systems was awarded an $18.3 million contract from Lockheed Martin Aeronautics to design and integrate its latest-generation air combat training system for the F-35 Lightning II, also known as the “Joint Strike Fighter,” Cubic announced.

Cubic Defense Systems, a subsidiary of San Diego-based Cubic Corp. (NYSE: CUB), is scheduled to deliver airborne instrumentation and ground station planning and debrief software systems as part of F-35 system development. The company said its air combat training system will be deployed to several countries receiving the F-35 jets, including the United States, United Kingdom, Italy, Australia and Norway.

Engineering work for the training systems will be performed in San Diego, Cubic said.

The contract is the first delivery of production units that will be deployed with the Block 3 F-35 stealth fighters. DRS Technologies Inc. will be Cubic’s principal subcontractor.

“The F-35 training subsystem will be embedded and integrated in the aircraft as they roll off Lockheed Martin’s production line,” said Dave Schmitz, president of Cubic Defense Systems.

Cubic on Dec. 5 reported total sales of $1.36 billion during its fiscal 2013; the defense contractor also has a business making fare collection equipment for transit services worldwide.

SDBJ Staff Report