Cubic Corp. has announced a contract with the Canadian army valued at more than $5.5 million.
Under the deal announced on May 26, Cubic (NYSE: CUB) will provide what it describes as a new technology to adapt a C16 automatic grenade launcher system for use in realistic live training environments. Internet accounts say the C16 system is capable of launching 350 grenades per minute. Video and photos posted by the Canadian military shows a system with high-tech targeting technology.
Cubic says that its solution will not interfere with the weapon’s normal operation, and will allow the launcher to operate in war games, particularly with targets in the Weapon Effects Simulation program.
Cubic, based in Kearny Mesa, adapts many other weapons for training exercises, frequently using lasers. It also offers high-tech equipment for the mass transit market.