Cubic Global Defense (CGD), a business unit of Cubic Corporation ( NYSE: CUB ), today announced it received a contract modification award worth more than $52 million from the U.S. Army Contracting Command to support rotational and pre-deployment training exercises at the U.S. Army Joint Readiness Training Center (JRTC) in Fort Polk, Louisiana. Cubic was given the cost-plus-award-fee incrementally funded contract to fulfill option year-nine of its current Mission Support Contract in support of the JRTC with an expected completion date of June 30, 2017.
Under the contract, Cubic will continue to assist the JRTC with integrating U.S. and allied forces into rotational training exercises through scenarios focused on Decisive Action and theater-specific operational environments. These types of exercises are conducted for units targeted for deployment in support of ongoing military operations overseas and include situational training, live fire, force-on-force and integrated live, virtual and constructive (LVC) training. Cubic also provides expanded Role Play, technical support for combat training instrumentation, battlefield effects, video and cultural role players (foreign language speakers) for added realism.
“JRTC is a critical element in the military’s Joint National Training Center initiative with its goal of training joint force units,” said Dave Buss, president of Cubic Global Defense. “Cubic is committed to maintaining JRTC’s excellent reputation of offering realistic training to our warfighters and will continue to fulfill the Army’s requirements in providing mission readiness services to better prepare them for actual battlefields.”
JRTC is one of the U.S. Army’s Combat Training Centers that is focused on providing realistic, enhanced collective training experiences at the Brigade Combat Team level. The center trains light infantry, air assault, airborne and special operations units, including rangers; and hosts various rotational training exercises involving all other U.S. military forces.
Cubic has served the JRTC since 2001, assisting the Army in training over 138 brigade combat teams and over one million soldiers. Cubic received an initial five-year contract in 2001 and won the competitive bid in 2007 for one-base year with nine renewable option years.
Source: Cubic Corporation (NYSE: CUB)
Date: Aug 8, 2016