Cubic Awarded $30 M US Navy Contract for Advanced Combat Ship Training

Cubic Corporation’s (NYSE: CUB),  Orlando-based Simulation Systems Division announced today it has received two separate $15 million delivery orders ($30 million total) from Naval Air Warfare Center Training Systems Division (NAWCTSD) to develop instructor-led and instructor facilitated self-paced courseware for ship engineers standing the Engineering Plant Technician (EPT) watch aboard the United States Navy’s Littoral Combat Ships. The activity will be led from Cubic’s Advanced Learning Solutions Business Unit.

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.

“We are honored to help the United States Navy get this innovative and critical training capability deployed,” said Bill Rebarick, deputy general manager of Cubic Advanced Learning Solutions. “Cubic is a pioneer in providing integrated training solutions to our customers. This contract is an evolution of adult learning in a synthetic environment that continues to affirm Cubic’s commitment to leadership in providing first class training solutions that are highly adaptable to our sailors’ needs in any environment."

Source: Cubic Corporation (NYSE: CUB)
Date: Jun 19, 2013