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Cubic Awarded up to $298.5M in US Navy Contracts

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Cubic Corporation's (NYSE: CUB), Orlando-based Simulation Systems Division announced that it has received three prime contracts from Naval Air Warfare Center Training Systems Division (NAWCTSD) to develop instructor-led (synchronous) and instructor facilitated self-paced (asynchronous) courseware in support of the Littoral Combat Ship Train to Qualify (T2Q) and Train to Certify (T2C) shore-based training requirements for both variants of the Littoral Combat Ship, and for the Mission Packages utilized on both ships.
SAN DIEGO, Calif. (PRWEB) March 01, 2013 Cubic Corporation's (NYSE: CUB), Orlando-based Simulation Systems Division announced that it has received three prime contracts from Naval Air Warfare Center Training Systems Division (NAWCTSD) to develop instructor-led (synchronous) and instructor facilitated self-paced (asynchronous) courseware in support of the Littoral Combat Ship Train to Qualify (T2Q) and Train to Certify (T2C) shore-based training requirements for both variants of the Littoral Combat Ship, and for the Mission Packages utilized on both ships.
The Littoral Combat Ship program represents the United States Navy's most advanced designs, capabilities and technologies to create the next generation of surface vessels that can operate in dangerous shallow and near-shore environments.
If fully funded, the three indefinite delivery, indefinite quantity contracts have the potential value of up to $298.5 million

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Posted-In: News Guidance Financing Contracts Management

 

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