Cubic

Cubic Corporation Announces Semiannual Dividend

Retrieved on: 
Tuesday, August 4, 2020

Cubic Corporation (NYSE:CUB) today announced that its Board of Directors approved a regular semiannual dividend of $0.135 per share, payable on September 9, 2020, to shareholders of record on August 31, 2020.

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 September 9, 2020, to shareholders of record on August 31, 2020.
  • 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.

Cubic Awarded Contract to Demonstrate High Capacity Backbone System for U.S. Air Force

Retrieved on: 
Monday, August 3, 2020

Cubic Corporation (NYSE:CUB) today announced its Cubic Mission Solutions (CMS) business division was awarded a contract worth $38 million to deliver a Joint Aerial Layer Network (JALN) High Capacity Backbone (HCB) prototype for the U.S. Air Force (USAF).

Key Points: 
  • Cubic Corporation (NYSE:CUB) today announced its Cubic Mission Solutions (CMS) business division was awarded a contract worth $38 million to deliver a Joint Aerial Layer Network (JALN) High Capacity Backbone (HCB) prototype for the U.S. Air Force (USAF).
  • Cubics offering for USAF will consist of integrated capabilities across its Protected Communications and Command and Control, Intelligence, Surveillance and Reconnaissance (C2ISR) portfolios.
  • We are inspired by this opportunity to bring Cubic innovation into the JALN, said Marja Phipps, director of business development, Cubic Mission Solutions.
  • Over the last decade, Cubic has partnered with government stakeholders and invested significantly in the development of assured network connectivity solutions.

Cubic Awarded Contract to Support U.S. Navy Surface Training Immersive Gaming and Simulations Initiative

Retrieved on: 
Thursday, July 30, 2020

Cubic Corporation (NYSE:CUB) today announced its Cubic Global Defense (CGD) business division was awarded an indefinite-delivery/indefinite-quantity (ID/IQ) contract worth more than $99 million to support the Naval Air Warfare Center Training Systems Divisions (NAWCTSD) Surface Training Immersive Gaming and Simulations (STIGS) effort and the development, delivery and total life cycle support of a new virtual environment training system.

Key Points: 
  • Cubic Corporation (NYSE:CUB) today announced its Cubic Global Defense (CGD) business division was awarded an indefinite-delivery/indefinite-quantity (ID/IQ) contract worth more than $99 million to support the Naval Air Warfare Center Training Systems Divisions (NAWCTSD) Surface Training Immersive Gaming and Simulations (STIGS) effort and the development, delivery and total life cycle support of a new virtual environment training system.
  • This system will be one of the key pillars under the U.S. Navys Surface Training Advanced Virtual Environment (STAVE) program, bringing courseware and simulator training systems into a Family of Trainers to support surface training at the point of need.
  • Our solution will provide the baseline for a fully blended instructional training approach that seamlessly supports all levels of Surface Fleet Training.
  • Cubic brings decades of experience delivering innovative training solutions to every training program.

Cubic Awarded Contract to Deliver Live, Virtual and Constructive Training for British Army

Retrieved on: 
Tuesday, July 14, 2020

Cubic Corporation (NYSE: CUB) today announced Cubic Defence U.K., which operates within its Cubic Global Defense (CGD) business division was awarded a contract worth more than $16 million to continue the support of British Army training.

Key Points: 
  • Cubic Corporation (NYSE: CUB) today announced Cubic Defence U.K., which operates within its Cubic Global Defense (CGD) business division was awarded a contract worth more than $16 million to continue the support of British Army training.
  • The four-year contract called SCOPIC 2, is for a fully managed service where Cubic will provide its Synthetic Wrap capability to enhance collective training at Salisbury Plain Training Area (SPTA) in the United Kingdom; British Army Training Unit Suffield (BATUS) in Alberta, Canada; and British Army Training Unit Kenya (BATUK).
  • View the full release here: https://www.businesswire.com/news/home/20200714005305/en/
    Cubic awarded contract to deliver live, virtual and constructive training for British Army.
  • Cubic first provided this capability under the MicroSCOPIC contract awarded in 2016 and has deployed the system globally in support of the British Army.

Cubic Partners with Cities to Adapt and Thrive

Retrieved on: 
Monday, July 13, 2020

Cubic Corporation (NYSE:CUB) today announced its Cubic Transportation Systems (CTS) business division published an industry-guiding white paper titled, Leveraging Technology to Adapt and Thrive Post-Pandemic .

Key Points: 
  • Cubic Corporation (NYSE:CUB) today announced its Cubic Transportation Systems (CTS) business division published an industry-guiding white paper titled, Leveraging Technology to Adapt and Thrive Post-Pandemic .
  • The white paper stems from a global initiative from Cubic called Project Rebound , which aims to rebound and restart cities in the wake of the COVID-19 pandemic.
  • COVID-19 has emphasized weak points within transportation systems and brought new challenges to cities and citizen engagement.
  • We have the honor of working alongside some of the most innovative cities and transport agencies in the world, said Jeff Lowinger, president of Cubic Transportation Systems.

Cubic to Participate in 40th Annual William Blair Growth Stock Conference

Retrieved on: 
Thursday, May 28, 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 40th Annual William Blair Growth Stock Conference, being held virtually on Thursday, June 11 at 11:20 a.m. Central 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 40th Annual William Blair Growth Stock Conference, being held virtually on Thursday, June 11 at 11:20 a.m. Central 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 Names Jeffrey Lowinger as President of Transportation Business

Retrieved on: 
Tuesday, April 21, 2020

Cubic Corporation (NYSE:CUB) today announced the appointment of Jeffrey Lowinger as senior vice president and new president of the Cubic Transportation Systems (CTS) business division.

Key Points: 
  • Cubic Corporation (NYSE:CUB) today announced the appointment of Jeffrey Lowinger as senior vice president and new president of the Cubic Transportation Systems (CTS) business division.
  • View the full release here: https://www.businesswire.com/news/home/20200421005267/en/
    Cubic Names Jeffrey Lowinger as President of Transportation Business (Photo: Business Wire)
    Along with the appointment of Lowinger, two CTS executives were promoted to strengthen the operations and growth of the business.
  • Im very excited to join Cubic and CTS as the business and technologies not only align very well with my background, but also my passion in providing innovative solutions to our customers to minimize congestion as urbanization continues to grow over the next 20 years, said Jeffrey Lowinger, newly appointed president of Cubic Transportation Systems.
  • Since the launch of the segment, the business achieved over $450 million in mature year revenue of new business.

Cubic Appoints Min Wei as Chief Customer Officer

Retrieved on: 
Thursday, March 5, 2020

Cubic Corporation (NYSE:CUB) today announced the appointment of Min Wei as senior vice president and chief customer officer.

Key Points: 
  • Cubic Corporation (NYSE:CUB) today announced the appointment of Min Wei as senior vice president and chief customer officer.
  • Wei will be responsible for leading a new customer experience function that combines Cubics global quality, configuration management, logistics support and customer experience.
  • Wei will report to Chairman, President and Chief Executive Officer Bradley H. Feldmann.
  • Wei joined Cubic in 2009 and has held various leadership positions at Cubic Transportation Systems (CTS).

Cubic to Present at the Raymond James 41st Annual Institutional Investors Conference

Retrieved on: 
Thursday, February 20, 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 at the Raymond James 41st Annual Institutional Investors Conference in Orlando, Florida on Monday, March 2 at approximately 4:00 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 present at the Raymond James 41st Annual Institutional Investors Conference in Orlando, Florida on Monday, March 2 at approximately 4:00 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 .

Cubic Corporation Announces Semiannual Dividend

Retrieved on: 
Monday, February 17, 2020

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, 2020, to shareholders of record on March 2, 2020.

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, 2020, to shareholders of record on March 2, 2020.
  • 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.