About Cubic Corporation
Cubic Corporation is the parent company of three major business segments. Cubic Transportation Systems is a leading integrator of payment and information technology and services for intelligent travel solutions. Cubic Defense Systems is a leading provider of realistic combat training systems and secure communications. Mission Support Services is a leading provider of training, operations, maintenance, technical and other support services for the U.S. and allied nations. For more information about Cubic, see the company's Web site at www.cubic.com.
SAN DIEGO, Calif. – June 18, 2014 – Cubic Worldwide Technical Services (CWTS), a subsidiary of Cubic Corporation (NYSE: CUB) and a leading provider of operations, maintenance, and instructional support services for the U.S. military, announced today it was awarded a task order under the U.S. Navy's Fielded Training Systems Support (FTSS) III Indefinite Delivery/Indefinite Quantity (IDIQ) contract. The five year program is valued in excess of $65 million and provides operations and maintenance support of aviation training devices for the MH-60R, MH-60S and other aircraft.
Operations and maintenance support will be provided at NAS North Island, Calif; NAS Jacksonville and NS Mayport, Fla.; NS Norfolk and MCBF Quantico, Va.; and MCBH Kaneohe Bay, Hawaii. This task order also provides simulator and academic instruction for Navy helicopter pilots and aircrew at NAS North Island and MCAF Quantico.
"This important and exciting win establishes Cubic as a significant training support provider to the U.S. Navy helicopter community and expands the scope of our support to NAWCTSD,” said Al Sargeant, senior vice president and general manager of Cubic Mission Support Services' Strategic Solutions Group. “We are dedicated to providing the highest quality support together with the lowest cost solutions to all U.S. services in today’s very tight defense budget."