Additional award of $9.9 million to further support the enhancement of counter proliferation program
SAN DIEGO – August 17, 2015 – Cubic Global Defense (CGD), a business unit of Cubic Corporation (NYSE: CUB) today announced the additional award of $9.9 million to the initial contract awarded by the U.S. Air Force in January 2015 to support the Air Force Research Laboratory (AFRL) Human-Centered Intelligence, Surveillance and Reconnaissance Division. Under the award now totaling $19.8 million, Cubic will continue to provide solutions to enhance the Air Force’s Chemical, Biological, Radiological and Nuclear (CBRN) counter proliferation and survivability missions program.
“With the successful efforts of the initial investment, the increase in the contract ceiling is a testament to Cubic’s superior service and ongoing partnership with the U.S. Air Force, ” said Chris Bellios, senior vice president, defense and intel services of Cubic Global Defense. “Finding advanced solutions and procedures in CBRN counter proliferation for optimal response and recovery is an important mission for our military partners and for Cubic.”
In continuation of the five-year award under the AFRL Broad Agency Announcement, Cubic will research, test, evaluate and analyze short- and long-term CBRN technologies at Wright-Patterson Air Force Base, Ohio, in addition to San Diego, California; MacDill Air Force Base, Florida; and Camp Smith, Hawaii.
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About Cubic Corporation
Cubic Corporation designs, integrates and operates systems, products and services focused in the transportation, defense training and secure communications markets. As the parent company of two major business units, Cubic’s mission is to increase situational awareness and understanding for customers worldwide. Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators. Cubic Global Defense is a leading provider of realistic combat training systems, secure communications and networking and highly specialized support services for military and security forces of the U.S. and allied nations. For more information about Cubic, please visit the company's website at www.cubic.com or on Twitter @CubicCorp.
Media Contact
Laura Chon
Corporate Communications
Cubic Corporation
858-505-2181
laura.chon@cubic.com