Cubic Awarded $15 M to Deliver Training and Resource Support for the US Army

Cubic Applications, Inc., an operating company of the Mission Support Services business segment of Cubic Corporation (NYSE: CUB), today announced it has been awarded a task order contract valued at more than $15 million under the U.S. Army Forces Command (FORSCOM) Operations Training and Resource Support Services (OPTARSS) II multiple award indefinite delivery indefinite quantity (ID/IQ) contract for the Joint Base Lewis-McChord (JBLM) Mission Training Complex (MTC).

The task order leverages Cubic’s expertise and leadership in training support services and live, virtual, constructive, gaming (LVCG) technologies. Cubic will assist the U.S. Army by providing contracted services to support the operational mission requirements of JBLM, FORSCOM, Training and Doctrine Command (TRADOC), and others throughout the Department of Defense (DoD). Cubic’s technical support will provide the JBLM MTC with the capability to enable individual and collective training, leadership development, Warfighter Functions training, first person simulations and constructive simulations supporting facilities management and access control.

“Cubic continues to provide the highest quality and most cost effective LVCG integrated training environment services in conjunction with our service support contracts for the Joint Readiness Training Center (JRTC) at Fort Polk, La. since 2001; the Korean Battle Simulations Center at Yongsan, Korea since 1991; and the Joint Multinational Simulations Center at Grafenwoehr, Germany since 2012.” said Rich Bristow, senior vice president and general manager, Cubic OSEG. “As the mission continues to evolve, Cubic is able to provide exceptional technical support including planning, installation and maintenance to enable responsive exercises at all levels to ensure the readiness of our soldiers.”

The contract award further strengthens Cubic's role as a key global provider of LVCG technology services for the DoD. The OPTARSS II multiple award ID/IQ contract acquires services in support of the training requirements, oversight and evaluation of the training of various component units of the U.S. Army including the Army National Guard and U.S. Army Reserve. FORSCOM also partners with Training and Doctrine Command, Installation Management Command, and other Army components to support all aspects of combat readiness worldwide.

The task order includes a transition period, one base year, and two one-year options. Cubic’s Operations Support and Education Group (OSEG), based in Hampton, Va., will lead Cubic in execution of this contract. Cubic’s OPTARSS II Program Director, Wayne Parks will continue to lead the Cubic OPTARSS II team. Parks has more than 27 years of military experience, having served as an enlisted soldier and career officer with the U.S .Army.

Work will be performed predominately at the JBLM military installation and when required, the Yakima Training Center. Cubic personnel will serve at various locations within, and outside, the Continental U.S. in support of training events.

Source: Cubic Corporation (NYSE: CUB)
Date: Nov 4, 2014