Cubic Corporation (CUB) Awarded $30 Million New Contract From United States Africa Command
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Cubic Applications, Inc., a mission support services business of Cubic Corporation (NYSE: CUB), has received a new contract valued at approximately $30 million for joint training and exercise support to the United States Africa Command (AFRICOM). Cubic will furnish subject matter experts and will develop and execute training exercises for the AFRICOM J7 Joint Training and Exercise Division.
Cubic's Information Operations Division, based in San Diego, started the new AFRICOM J7 support contract in June. The initial work will be performed at the AFRICOM headquarters in Stuttgart, Germany. Further taskings could include the development and support of AFRICOM-sponsored exercises in Europe, Africa and elsewhere as required.
Cubic Corporation engages in the design, development, and manufacture of defense electronics and transportation fare collection systems. [SM]
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