Cubic Awarded $2.6 M Contract to Support Italian Army Training

Cubic Global Defense , a business segment of Cubic Corporation (NYSE:CUB) announced today it was awarded a supplemental contract win from the Italian Ministry of Defense worth more than $2.6 million to enable heightened realism for Italian Army combat training.

“Cubic is proud to support the efforts of the Italian Army by delivering our next-generation training technologies to enable soldiers to rehearse combat skills and learn from their mistakes in an immersive, safe battlefield environment,” said Bill Toti, president of Cubic Global Defense. “This contract award represents Cubic’s commitment to produce innovative and effective defense training systems, services and solutions for our allies – solidifying our position as the Italian Army’s vendor of choice for simulations.”

Under the new contract, Cubic will enable greater efficiency and realism for the Italian Army’s overall training by integrating main battle tanks, tactical missiles, targets, simulated chemical warfare events and custom terrain, scenarios and tailoring capabilities.

Source: Cubic Corporation (NYSE: CUB)
Date: Mar 9, 2015