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Stock impact report

Cubic Awarded Place on US Army Global Tactical Advanced Communication Systems Multiple Award IDIQ Contract Vehicle

CUBIC (CUB) 
Last cubic earnings: 2/5 04:05 pm Check Earnings Report
US:NYSE Investor Relations: cubic.com/investor-relations
Company Research Source: Business Wire
Cubic Mission Solutions to provide tactical communications systems and services SAN DIEGO--(BUSINESS WIRE)--Cubic Corporation (NYSE:CUB) today announced its Cubic Mission Solutions (CMS) business division was named as one of the awardees to compete under the U.S. Army for Global Tactical Advanced Communication Systems (GTACS II) Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicle. The contract has a ceiling of $5.1 billion, with a five-year base, one five-year option period and a Firm Fixed Price, Cost Plus Fixed Fee and Cost No Fee contract, in support of the Program Executive Office Command, Control and Communications-Tactical (PEO C3T), and Project Manager Tactical Network (PM Tactical Network).The Army will use this contract to acquire communications systems and services, including satellite communications (SATCOM) terminals, mobile satellite services, tactical networking and secure communication solutions. GTACS II serves as a strategic contract vehicle, enabling Show less Read more
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