CUB Cubic Corporation

Cubic to Deliver P5 Combat Training System to the US Air Force and International Customer

(NYSE:CUB) today announced its business division has been awarded a P5 Combat Training System (P5CTS) contract by the United States Air Force (USAF). The order includes additional P5CTS airborne subsystems (pods) for the USAF, plus pods and associated ground subsystems for a foreign military sales (FMS) customer. The P5CTS provides high-fidelity, live mission training capabilities for advanced weapons and tactics training. The P5CTS enhances U.S. and coalition air combat training and allows warfighters to train as they fight.

“Cubic, along with principal subcontractor for the airborne instrumentation pod Leonardo DRS, are very pleased to continue delivering our P5CTS to the USAF and our international customers. With over 2,000 P5CTS pods and associated ground systems in use around the world today, this large order from the USAF demonstrates the continued training value P5CTS provides on a daily basis from unit level training up to large force training exercises such as Red Flag,” said Jonas Furukrona, vice president and general manager of air training solutions, Cubic Global Defense. “Cubic and Leonardo DRS are continually making capability improvements to the system in support of the USAF goal of sustaining the P5CTS program of record beyond 2030. Our system sets the standard for joint and coalition training. We look forward to working closely with the USAF and our international customer to deliver a system that enables operators to attain maximum readiness from every valuable flight hour.”

Training for today’s advanced threats to air combat operations requires adaptable, high-fidelity training tools. The P5CTS is designed to provide tailorable and scalable instrumentation solutions that best support warfighter needs in air-to-air, air-to-ground and surface-to-air combat training missions.

The globally fielded P5CTS enhances real-time and post-mission training by displaying the live-air picture, recording mission data, adjudicating weapons engagements, and relaying Time, Space and Positioning Information (TSPI) between participating aircraft during training sorties. Key components of the system include secure, GPS-enabled, aircraft-mounted airborne instrumentation “pods” plus ground stations, which help aircrew conduct, monitor and control air combat training and post-flight debriefing.

About Cubic Corporation

Cubic is a technology-driven, market-leading provider of integrated solutions that increase situational understanding for transportation, defense C4ISR, and training customers worldwide to decrease urban congestion and improve the militaries’ effectiveness and operational readiness. Our teams innovate to make a positive difference in people’s lives. We simplify their daily journeys. We promote mission success and safety for those who serve their nation. For more information about Cubic, please visit or on Twitter .

EN
12/11/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Cubic Corporation

MarketLine Department
  • MarketLine Department

The Dewey Electronics Corp - Company Profile and SWOT Analysis

Summary The Dewey Electronics Corp - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights The Dewey Electronics Corp (Dewey Electronics) designs, develops, manufactures, and markets compact diesel power generation solutions. The company's product portfolio includes military tactic...

 PRESS RELEASE

Cubic and WMATA Deliver SmarTrip on Google Pay Integration for Trains ...

SAN DIEGO--(BUSINESS WIRE)-- today announced its (CTS) business division, Washington Metropolitan Area Transit Authority (Metro) and NXP Semiconductors N.V. (NXP) launched SmarTrip® on Google Pay, delivering a simple, contactless way for Metro riders to pay for their journeys on Metro trains or buses. Metro riders can add their SmarTrip card to Google Pay and use their NFC-enabled Android™ phone for payment, eliminating the need for a physical SmarTrip card. “Addressing mobility challenges with innovative technology is at the heart of everything we do at Cubic,” said Jeff Lowinger, presiden...

 PRESS RELEASE

Cubic Partners with CVEDIA to Enhance AI

SAN DIEGO--(BUSINESS WIRE)-- today announced its (CTS) business division has partnered with CVEDIA, an artificial intelligence (AI) solutions company to enhance its GRIDSMART products. CTS will utilize CVEDIA’s synthetic data technology to continue to rapidly scale deep learning models for GRIDSMART omnidirectional cameras and other intelligent transportation systems (ITS) solutions. The GRIDSMART product pioneered horizon-to-horizon, computer-vision tracking for ITS applications and is installed in nearly 10,000 intersections in more than 1,500 communities globally. “Safety is the most fu...

 PRESS RELEASE

Cubic Enhances Ventra Card Offering to Include Contactless Fare Paymen...

SAN DIEGO--(BUSINESS WIRE)-- (NYSE: CUB) today announced its (CTS) business division, the Chicago Transit Authority (CTA) and Pace Suburban Bus (Pace) launched the virtual Ventra card on Google Pay, enhancing the customer experience with additional contactless, tap-and-go fare payment options. Android™ smartphone users in the Chicagoland area now have a contactless fare payment option when traveling on CTA trains and buses as well as Pace buses. The virtual Ventra card in Google Pay removes the need for a physical card, making transit travel easy and convenient. To ride using Ventra on Goog...

 PRESS RELEASE

Cubic Honored as a VETS Indexes Recognized Employer

SAN DIEGO--(BUSINESS WIRE)-- (NYSE:CUB) today announced it was awarded the designation of “VETS Indexes Recognized Employer,” from the 2021 VETS Indexes Employer Awards. A firm dedicated to promoting veteran employment, VETS Indexes and its awards program recognizes Cubic’s commitment to recruiting, hiring, retaining, developing and supporting veteran employees and others in the military-connected community. This press release features multimedia. View the full release here: Cubic recognized as a VETS Indexes Recognized Employer. “Being named a VETS Indexes Recognized Employer is a true testa...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch