Cubic Receives $35M Deal for Training British ArmyWednesday, April 30, 2014
Cubic Defense Systems, a business unit of Cubic Corp., was awarded a follow-on contract worth more than $35 million for training support to the British Army.
Cubic (Nyse: CUB) will support and repair its AWES system, short for area weapons effects simulator. The system helps simulate large-scale force-on-force combat exercises, including the effects of direct fire, artillery, mortar fire, mines and air-delivered munitions, as well as nuclear, biological and chemical weapons, according to Cubic.
Cubic developed and installed the AWES system under a contract awarded in 1998.
The work will take place in the U.K. and in Canada on a 1,100-square-mile training area that the British Army leases from the Canadian government for combat exercises.