US Army Awards Cubic $21 M Foreign Military Sales Training Contract
Cubic Corporation (NYSE: CUB), announced today it was awarded a $21 million foreign military sales contract for its Engagement Skills Trainer 2000 (EST 2000) Plus, virtual small arms training system. The U.S. Army’s Program Executive Office for Simulation, Training and Instrumentation (PEO STRI) awarded the contract to Cubic in support of a foreign customer. The order includes systems, weapons, and in-country support with a key subcontractor.
EST 2000, built by the Cubic Simulation Systems division based in Orlando, Florida, uses digital video projectors, high-definition screens, game-based computer graphics and ballistically accurate weapons for marksmanship, collective and escalation of force training.
The Global Military Simulation and Virtual Training Market 2014-2024
“This contract emphasizes Cubic's commitment to our allies around the world. We understand the importance of virtual and immersive training systems for mission-specific tasks. Our EST 2000 systems set the highest standard for small arms engagement skills training in the world,” said Terry Kohl, Senior Vice President and General Manager of Cubic’s Simulations Systems Division.
Source : Cubic Corporation (NYSE: CUB)