ARMY
Cubic Corp. has won a $21 million foreign military sales contract for its virtual small arms training system. The system will go to an unnamed foreigh government.
CONTRACTS
March 2013 was filled with huge contracts, and the awards came from many different places, going to both large and small businesses. Who won the biggest contracts of March 2013?
NAVY
Cubic Corp. has won three task order contracts to develop courseware for littoral combat ship training.
ARMY
Cubic Defense Applications has won an order to deliver to the U.S. Army its Instrumentable IMILES Tactical Vehicle System, which provides real-time casulaty assessment.
MERGERS & ACQUISITIONS
Cubic Corp. has acquired the special operation forces training business of NEK Special Programs Group for $52 million, expanding its national security-related, mission critical capabilites.
FINANCE
Cubic Corp. reported record highs in sales and net income for fiscal 2012, and commented on what the future looks like for the company, in the face of market pressures.
DARPA
Cubic Defense Applications has won a $6 million DARPA contract to develop a prototype for the next generation One Shot sniper system
Large and small contractors will compete for task orders to improve training services for the Army.
Of the 99 deals that closed during 2010, 37 involved companies on the Top 100 list. Who were the big dealmakers?
Acquisition of XIO Strategies builds on Cubics supply chain and RFID capabilities for Defense Department customers.
Cubic Defense Applications Inc., a unit of Cubic Corp., has acquired Safe Harbor Holdings Inc., a supplier of customized hardware and software for cyber solutions. Financial terms were not reported.