Cubic

Cubic Prioritizes Workforce Diversity with New Inclusive STEM Returners Program in the U.K.

Retrieved on: 
Thursday, April 29, 2021

b'Cubic Corporation (NYSE:CUB) today announced its Cubic Transportation Systems (CTS) business division will be participating in the STEM Returners program in the United Kingdom.

Key Points: 
  • b'Cubic Corporation (NYSE:CUB) today announced its Cubic Transportation Systems (CTS) business division will be participating in the STEM Returners program in the United Kingdom.
  • Through participation in the STEM Returners program, Cubic will have access to an available and diverse talent pool who are committed to returning to the work place,\xe2\x80\x9d said David Wear, senior vice president and managing director, Cubic Transportation Systems.
  • Alongside the experience gained from the work placement, STEM Returners will also provide support for the candidate in advice, career coaching, networking opportunities and mentoring.
  • For more information about Cubic, please visit www.cubic.com or on Twitter @CubicCorp .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210428006190/en/\n'

Cubic Awarded Sailor 2025 Ready, Relevant Learning Contract

Retrieved on: 
Monday, March 22, 2021

Cubic Corporation (NYSE:CUB) today announced its Cubic Mission and Performance Solutions (CMPS) business division was awarded the U.S. Navys Sailor 2025 Ready, Relevant Learning (RRL) Fiscal Year 2021 (FY21) Content Conversion Indefinite Delivery/Indefinite Quantity (IDIQ) contract.

Key Points: 
  • Cubic Corporation (NYSE:CUB) today announced its Cubic Mission and Performance Solutions (CMPS) business division was awarded the U.S. Navys Sailor 2025 Ready, Relevant Learning (RRL) Fiscal Year 2021 (FY21) Content Conversion Indefinite Delivery/Indefinite Quantity (IDIQ) contract.
  • The single-source IDIQ has a $92.3 million contract ceiling and a four-year ordering period.
  • Under the contract, Cubic will deliver the third wave of content conversion under the RRL pillar of Sailor 2025 (S2025).
  • Cubic will utilize innovative instructional systems design, systems engineering and training assessment approaches in conjunction with new technologies to support ratings-accession training.

Cubic Corporation Announces Semiannual Dividend

Retrieved on: 
Monday, February 22, 2021

Cubic Corporation (NYSE:CUB) today announced that its Board of Directors approved a regular semiannual dividend of $0.135 per share, payable on March 12, 2021, to shareholders of record on March 2, 2021.

Key Points: 
  • Cubic Corporation (NYSE:CUB) today announced that its Board of Directors approved a regular semiannual dividend of $0.135 per share, payable on March 12, 2021, to shareholders of record on March 2, 2021.
  • Cubic has consistently paid cash dividends to its shareholders since 1971.
  • Cubic is a technology-driven, market-leading provider of integrated solutions that increase situational understanding for transportation, defense C4ISR and training customers worldwide to decrease urban congestion and improve the militaries effectiveness and operational readiness.
  • For more information about Cubic, please visit www.cubic.com or on Twitter @CubicCorp.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Cubic Corporation Buyout

Retrieved on: 
Monday, February 8, 2021

announces that it is investigating Cubic Corporation (Cubic) (NYSE: CUB ) regarding possible breaches of fiduciary duties and other violations of law related to Cubics agreement to be acquired by affiliates of Veritas Capital and Evergreen Coast Capital Corporation.

Key Points: 
  • announces that it is investigating Cubic Corporation (Cubic) (NYSE: CUB ) regarding possible breaches of fiduciary duties and other violations of law related to Cubics agreement to be acquired by affiliates of Veritas Capital and Evergreen Coast Capital Corporation.
  • Under the terms of the agreement, Cubics shareholders will receive $70.00 in cash per share.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-cubic-corporation .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .

Veritas Capital and Evergreen Coast Capital to Acquire Cubic for $70.00 Per Share

Retrieved on: 
Monday, February 8, 2021

Cubic Corporation (NYSE: CUB) (Cubic or the Company) today announced that it has entered into a definitive agreement (the Agreement) with an affiliate of Veritas Capital (Veritas), under which Veritas and Evergreen Coast Capital Corporation (Evergreen), an affiliate of Elliott Investment Management L.P. (Elliott), will acquire Cubic for $70.00 per share in cash.

Key Points: 
  • Cubic Corporation (NYSE: CUB) (Cubic or the Company) today announced that it has entered into a definitive agreement (the Agreement) with an affiliate of Veritas Capital (Veritas), under which Veritas and Evergreen Coast Capital Corporation (Evergreen), an affiliate of Elliott Investment Management L.P. (Elliott), will acquire Cubic for $70.00 per share in cash.
  • We look forward to partnering with Veritas and the Cubic team as we work through Cubics next phase of growth as a private company.
  • The Board of Directors of Cubic has unanimously approved the Agreement and recommends that Cubic shareholders vote in favor of the transaction.
  • Evergreen Coast Capital Corporation is Elliotts private equity affiliate, which focuses on technology investing.

Cubic Corporation to Report First Quarter Fiscal Year 2021 Results and Host Webcast on February 8

Retrieved on: 
Monday, February 1, 2021

Cubic is a technology-driven, market-leading provider of integrated solutions that increase situational understanding for transportation, defense C4ISR and training customers worldwide to decrease urban congestion and improve the militaries effectiveness and operational readiness.

Key Points: 
  • Cubic is a technology-driven, market-leading provider of integrated solutions that increase situational understanding for transportation, defense C4ISR and training customers worldwide to decrease urban congestion and improve the militaries effectiveness and operational readiness.
  • Our teams innovate to make a positive difference in peoples lives.
  • We promote mission success and safety for those who serve their nation.
  • For more information about Cubic, please visit www.cubic.com or on Twitter @CubicCorp .

Cubic and Sqills Continue Modernization Efforts for Iarnród Éireann Irish Rail

Retrieved on: 
Monday, November 2, 2020

Sqills was contracted by Cubic in 2014 to provide its S3 Passenger system as a component of the Customer First solution provided by Cubic to Iarnrd ireann Irish Rail.

Key Points: 
  • Sqills was contracted by Cubic in 2014 to provide its S3 Passenger system as a component of the Customer First solution provided by Cubic to Iarnrd ireann Irish Rail.
  • Cubic and Sqills combined capabilities deliver a modernized solution for Iarnrd ireann Irish Rails fully integrated ticketing management and distribution system.
  • By adopting an ongoing upgrade path, Iarnrd ireann Irish Rail embraces improvements to their investment throughout the contract life cycle.
  • This extension strengthens the relationship between Iarnrd ireann Irish Rail, Cubic Transportation Systems and Sqills as we continue to improve and build capabilities to meet new and emerging customer demands into the future, said Gerry Culligan, commercial director of Iarnrd ireann Irish Rail.

Cubic to Present Virtually at the RBC Capital Markets Global Industrials Conference

Retrieved on: 
Tuesday, September 8, 2020

Cubic Corporation (NYSE:CUB) today announced that Chairman, President and Chief Executive Officer Bradley H. Feldmann and Executive Vice President and Chief Financial Officer Anshooman Aga will present virtually at the RBC Capital Markets Global Industrials Conference on Monday, September 14 at approximately 2:20 p.m. Eastern Daylight Time.

Key Points: 
  • Cubic Corporation (NYSE:CUB) today announced that Chairman, President and Chief Executive Officer Bradley H. Feldmann and Executive Vice President and Chief Financial Officer Anshooman Aga will present virtually at the RBC Capital Markets Global Industrials Conference on Monday, September 14 at approximately 2:20 p.m. Eastern Daylight Time.
  • Cubic is a technology-driven, market-leading provider of integrated solutions that increase situational understanding for transportation, defense C4ISR and training customers worldwide to decrease urban congestion and improve the militaries effectiveness and operational readiness.
  • Our teams innovate to make a positive difference in peoples lives.
  • For more information about Cubic, please visit www.cubic.com or on Twitter @CubicCorp .

Cubic Streamlines Business Segments to Drive Superior Customer Value and Enhance Operational Effectiveness

Retrieved on: 
Friday, August 28, 2020

Cubic Corporation (NYSE: CUB) today announced that effective immediately the company is consolidating its defense business segments to advance its strategic priorities, drive superior customer value and enhance operational effectiveness.

Key Points: 
  • Cubic Corporation (NYSE: CUB) today announced that effective immediately the company is consolidating its defense business segments to advance its strategic priorities, drive superior customer value and enhance operational effectiveness.
  • The realignment will combine Cubic Mission Solutions (CMS) with Cubic Global Defense (CGD) to form a new Cubic Mission and Performance Solutions (CMPS) segment.
  • As a result of this realignment, the companys two business segments are Cubic Transportation Systems and Cubic Mission and Performance Solutions.
  • Commencing in the first quarter of fiscal year 2021, Cubic will report its results under the realigned business segments.

Cubic to Participate in Canaccord Genuity 40th Annual Growth Conference

Retrieved on: 
Thursday, August 6, 2020

Cubic Corporation (NYSE:CUB) today announced that Chairman, President and Chief Executive Officer Bradley H. Feldmann and Executive Vice President and Chief Financial Officer Anshooman Aga will participate in a fireside chat at the Canaccord Genuity 40th Annual Growth Conference, being held virtually on Wednesday, August 12 at 2:00 p.m. Eastern Time.

Key Points: 
  • Cubic Corporation (NYSE:CUB) today announced that Chairman, President and Chief Executive Officer Bradley H. Feldmann and Executive Vice President and Chief Financial Officer Anshooman Aga will participate in a fireside chat at the Canaccord Genuity 40th Annual Growth Conference, being held virtually on Wednesday, August 12 at 2:00 p.m. Eastern Time.
  • Cubic is a technology-driven, market-leading provider of integrated solutions that increase situational understanding for transportation, defense C4ISR and training customers worldwide to decrease urban congestion and improve the militaries effectiveness and operational readiness.
  • Our teams innovate to make a positive difference in peoples lives.
  • For more information about Cubic, please visit www.cubic.com or on Twitter @CubicCorp .