Cubic Receives $125M in Orders from Pacific Rim

Cubic Defense Systems, the defense systems division of Cubic Corporation CUB, announced Wednesday it received several contracts totaling more than $125 million for combat training support requirements in the Asia Pacific region. These contracts range from five to six years duration and are fully funded. The contracts support Cubic's existing regional work force and offer expansion opportunities in collective training, operations and maintenance, and certain program management and range modernization efforts. See full press release