Cubic announces Asia-Pacific contracts
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.’
More from Defence Notes
-
![How the Pentagon will use private capital to fund critical capabilities]()
How the Pentagon will use private capital to fund critical capabilities
The DoD has changed its structures and is been increasing efforts to facilitate access to loans by companies interested in working with artificial intelligence, advanced materials and semiconductors, biotechnology and quantum science.
-
![HAL is major beneficiary of latest Indian procurement approvals]()
HAL is major beneficiary of latest Indian procurement approvals
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
-
![Why cybersecurity must be a priority for Latin American militaries]()
Why cybersecurity must be a priority for Latin American militaries
The main obstacles to overcoming risks in the region are a lack of a strong cybersecurity culture and inadequate funds to invest in this domain given a widespread Chinese presence in the region.
-
![MBDA navigates supply chain pressures amidst increased demand for armaments]()
MBDA navigates supply chain pressures amidst increased demand for armaments
MBDA is adapting to supply chain pressures as the Russian invasion of Ukraine leads to increased demand for armaments.
-
![Why UK defence still faces an uncertain future and difficult decisions]()
Why UK defence still faces an uncertain future and difficult decisions
Despite the additional funding promised this week, the UK armed forces still look set to face cutbacks, and maintaining international commitments to AUKUS and GCAP may limit the options for other programmes.
-
![What's the deal with defence procurement? (podcast)]()
What's the deal with defence procurement? (podcast)
This week on the Shephard Defence Podcast, senior naval reporter Harry Lye and military training & simulation reporter Norbert Neumann chat with Professor John Louth.
