Cubic Defense Systems will provide combat training support to a number of unnamed customers in the Asia-Pacific region. The contracts have a combined value of $125 million and range from five to six years in duration.
Cubic Defense provides live and virtual training systems, and specialised military electronics and information assurance solutions, contributing to the combat readiness of its customers’ armed forces.
These contracts reflect Cubic’s growing international customer base, with more 50 percent of the company’s orders received from non-US customers in FY12.
Cubic said the contracts support the company’s existing regional work force and offer expansion opportunities in collective training, operations and maintenance, and certain programme management and range modernisation efforts.
Dave Schmitz, president, Cubic Defense Systems, said: ‘These large orders from Asia-Pacific reflect the confidence our long-standing customers place in Cubic’s professionalism, responsiveness, and high quality work force. Today more than 50 percent of our work force is located outside the US demonstrating our commitment to further expand the company’s already significant international business base.’
The procurement and acceleration production plans – some of which still await approval – across the air and land domains will aim to strengthen the operational needs of the Israel Defense Forces.
This shift is planned to accelerate the procurement and fielding of capabilities. As part of this strategy, the US also intends modernise its regulations in an attempt to change its bureaucratic and risk-averse culture.
More than 40,000 military personnel from 19 participating nations took part in the 11th iteration of the biennial Exercise Talisman Sabre multi-domain event which was held across Australia and in Papua New Guinea.
AFRICOM is seeking IT systems and supply chain management solutions to enhance interoperability and standardise logistical processes in its area of responsibility.
Germany’s Rheinmetall released its 1H 2025 results on 7 August, continuing the strong growth of recent years. A particular highlight of the result’s presentation was the Skyranger air defence system for which the company is predicting sales of about US$8.2 billion from the German Government before the end of the year.
Vehicle and technology companies are reporting substantial growth compared to the first half of 2024. Italy’s Fincantieri saw revenues jump 24% for the first half of the year compared to 2024 and Thales up 6.8% for the same period. General Dynamics reported second quarter revenue growth of 8.9% for the second quarter compared to last year and MilDef reported organic order intake growth of 58%.
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