Bradley Feldmann elevated to the chief executive post at San Diego-based defense and transportation contractor at Cubic Corp. during the summer after a two-month transition period that saw him succeed William “Bill” Boyle. Feldmann first worked at the company between 1989 and 1999, then returned to Cubic in 2008 and has since led the defense systems segment and […] More

Engineering and design firm Fuse Integration has expanded its advisory board with the addition of Brad Feldmann, chairman and CEO of information technology firm Neology. As an adviser, Feldmann, a previous Wash100 Award recipient, will provide the board with expertise in business growth and command, control, communications, computers, intelligence, surveillance and reconnaissance, Fuse said Tuesday. […] More

In a one-year span that featured announcements of three acquisitions, Cubic Corp. unveiled a nearly $400 million bet that the C4ISR market will spur long-term growth in the San Diego-based contractor’s global defense business that represents roughly 60 percent of its estimated $1.5 billion in revenue. Cubic made its first move of that C4ISR expansion effort in December 2014 with the $114.5 million acquisition of […] More

Israel-based Edgybees has launched a new U.S. entity to provide georegistration software platforms for U.S. government and commercial customers. Industry leaders named to the newly formed board of directors of Edgybees Inc. include Bradley Feldmann, chairman and CEO of Neology; Keith Masback, a geospatial intelligence consultant and owner of Plum Run; and Darryl Garrett, a […] More

Cubic Corporation has entered into a definitive agreement with an affiliate of Veritas Capital, under which Veritas and Evergreen Coast Capital, an affiliate of Elliott Investment Management, will acquire Cubic for $70.00 per share in cash. The all-cash transaction is worth approximately $2.8 billion, including the assumption of debt.

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TYSONS CORNER, VA, February 6, 2019 — Cubic (NYSE: CUB) has appointed Dan Hedstrom, formerly vice president of system solutions and services for its transportation systems business, to the corporate leadership team as VP and chief information officer, GovCon Wire reported Tuesday. The company said Monday Hedstrom, who previously led Cubic Transportation Systems’ commercial information technology team in Australia, […] More

The San Francisco Metropolitan Transportation Commission has selected Cubic as the agency’s preferred contractor to update the fare collection system in California’s Bay Area. Cubic said Friday its transportation systems business aims to modernize the Clipper electronic fare payment being used by 22 transit agencies across the region if the commission awards the project to the company after a three-stage approval […] More

Cubic has secured a potential $276 million contract to design, build and operate a ticketing system for public transportation across the Australian state of Queensland. The company said Wednesday its transportation systems business will provide a technology platform equipped with contactless payment and passenger information processing tools under the contract with Queensland’s department of transport and main […] More

David Melcher, a retired U.S. Army lieutenant general and former president and CEO of the Aerospace Industries Association, has been nominated to join the board of directors at Cubic. Cubic said Friday Melcher will bring decades of experience working with military and government leaders along with a background in finance, program management and strategy development […] More

Cubic‘s transportation systems business plans to expand its facility in Hyderabad, India, and double the number of its employees in the country as part of a regional footprint expansion push. The company said Tuesday the expanded facility will help grow CTS operations after the unit secured contracts to support fare payment systems in Boston and New […] More

The Aerospace Industries Association has named at least 20 executives from the government contracting sector to its board of governors for 2018. Thomas Kennedy, chairman and CEO of Raytheon, will succeed Boeing CEO Dennis Muilenburg as chairman of AIA, the trade group said Monday. William Brown, chairman, president and CEO of Harris, will serve as […] More

The defense sector trade group Aerospace Industries Association has elected new members its executive board of governors for 2017 that includes at least 20 government contracting industry leaders. AIA said Thursday Boeing CEO Dennis Muilenburg was chosen to serve as the association’s chairman of the board and Raytheon chief executive Thomas Kennedy was elected vice chairman. David Melcher was reappointed […] More