Cubic Support US Army's Bradley Fighting Vehicle Conduct of Fire Trainer

Cubic Global Defense (CGD), a business unit of Cubic Corporation ( NYSE: CUB ), today announced an award of $13.9 million from Oasis Advanced Engineering (OASIS) to produce and deliver Crewstation Subsystems in support of the Bradley Fighting Vehicle (BFV) Conduct of Fire Trainer (COFT). The COFT enables the BFV unit to perform critical skills required in combat and designed for gunnery proficiency. OASIS is the prime contractor for this program to support the U.S. Army’s Program Executive Office for Simulation, Training and Instrumentation (PEO STRI).

Cubic received a base contract of $4.18 million to produce and deliver nine Mobile and four Institutional Crewstation Subsystems with associated spares. Cubic also received an option award of $9.74 million where Cubic will deliver an additional 21 Mobile and 10 Institutional Crewstation Subsystems with associated spares, for a total of 44 systems at nearly $14 million to be delivered worldwide. Base and option awards provide both Cubic and customer continuous deployment of systems starting from April 2017 to March 2018.

“The Bradley trainers are part of an ongoing effort by the U.S. Army to improve training and reduce friendly fire causalities by focusing on simulated combat scenarios and mission readiness,” said Dave Buss, president of Cubic Global Defense. “Cubic looks forward to continuing our successful partnership with OASIS and delivering enhanced gunnery proficiency training capabilities to the U.S. Army PEO STRI.”

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The COFT is a dual-configuration, virtual simulation system that replicates the Bradley M2/A2 Operation Desert Storm-Situational Awareness (ODS-SA) and the Bradley M2/A3 ODS vehicles. It functions in a synthetic environment and is used by an instructor to train and sustain the Bradley Gunner and Commander critical gunnery skills required for direct fire engagements.

Source: Cubic Corporation (NYSE: CUB)
Date: Jul 26, 2016