SAN DIEGO, Calif. – March 1, 2013. Cubic Corporation’s (NYSE: CUB), Orlando-based Simulation Systems Division announced that it has received three prime contracts from Naval Air Warfare Center Training Systems Division (NAWCTSD) to develop instructor-led (synchronous) and instructor facilitated self-paced (asynchronous) courseware in support of the Littoral Combat Ship Train to Qualify (T2Q) and Train to Certify (T2C) shore-based training requirements for both variants of the Littoral Combat Ship, and for the Mission Packages utilized on both ships.
The Littoral Combat Ship program represents the United States Navy’s most advanced designs, capabilities and technologies to create the next generation of surface vessels that can operate in dangerous shallow and near-shore environments.
If fully funded, the three indefinite delivery, indefinite quantity contracts have the potential value of up to $298.5 million over the five-year period-of-performance.
This program represents a strategic partnership between the United States military, government and industry. This will result in the creation of jobs for veterans, engineers and new graduates of science, technology, engineering and mathematics programs.
“We are extremely pleased that Cubic has been selected to contribute and participate in this important Navy program,” said Brad Feldmann, president and chief operating officer of Cubic. “This announcement is another example of Cubic’s continued partnership with the United States Navy. We are steadfast in our commitment to this role in support of the men and women in uniform regarding their vital mission to defend freedom and the interests of the United States around the world.”
The Littoral Combat Ship courseware development programs will be executed in Orlando, Fla. Cubic’s Simulation Systems will partner with Cubic Mission Support Services, and a team of industry leading subcontractors including Austal USA, Alion Science and Technology, Sonalysts, Inc., Aptima, Inc., Cybernet Systems Corporation, RealTime Immersive, Inc. and a host of small and economically disadvantaged businesses to deliver the interactive courseware products.
About Cubic Corporation
Cubic Corporation is the parent company of three major business segments: Defense Systems, Mission Support Services and Transportation Systems. Cubic Defense Systems is a leading provider of realistic combat training systems, cyber technologies, asset tracking solutions, and defense electronics. Mission Support Services is a leading provider of training, operations, maintenance, technical and other support services to the U.S. and allied nations. Cubic Transportation Systems is a leading provider of automated fare collection systems and services for public transit authorities. For more information about Cubic, see the company's web site at www.cubic.com.