Cubic Defense Systems, a subsidiary of Cubic Corporation (NYSE: CUB) announced today it has been awarded a contract valued at more than $5 million from the U.S. Air Force to supply its P5 Combat Training System (P5CTS) to the Moroccan Air Force. Morocco will join the United States Air Force, Navy, and Marine Corps, along with a number of international air forces, in using the P5CTS to support high-fidelity, TOPGUN-style live and post-mission training. The P5CTS will be used by Moroccan pilots who fly the recently-delivered F-16 aircraft.
“This contract is a demonstration of our commitment to the air combat readiness of one of the United States’ allies,” said Dave Schmitz, president of Cubic Defense Systems. “Cubic is dedicated to provide and develop best-in-class, cost effective, advanced flight training for pilot mission readiness. All foreign air forces that fly fighter or attack jets or conduct joint exercises and training with the U.S. should have a P5 system to maximize their training capabilities.”
Cubic is the prime contractor responsible for performance in all areas of systems engineering, and for development/integration/installation of the ground instrumentation subsystem. DRS Training & Control Systems, LLC, a subsidiary of DRS Technologies, Inc. is the principal subcontractor responsible for performance of the P5CTS airborne instrumentation subsystem to include design, development, aircraft integration and production.
Source: Cubic Corporation (NYSE: CUB)
Date: Apr 11, 2014