Search Results for: cubic

Cubic Board OKs $3B Amended Acquisition Agreement With Veritas, Evergreen

Cubic

Cubic Corporation announced on Wednesday it has accepted a proposal from Veritas Capital and Evergreen Coast Capital to increase the price per share of their pending acquisition of Cubic to $75.00 per share in cash. By accepting the proposal, Cubic has entered into an amended agreement with Veritas and Evergreen. The all-cash transaction will be valued at approximately $3 billion. 

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Govini, Textron & Cubic Execs Join National Defense University Foundation’s Board

NDU Foundation

Frank Muth and John Roberti, former military officers who are now private sector executives, have been named independent members of the National Defense University Foundation's board of directors. Tara Murphy Dougherty, CEO of defense company Govini and a former Department of Defense staffer, also joined the board with Muth and Roberti, NDU Foundation said Tuesday.

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DOD Taps Cubic Subsidiary to Develop Compact 5G Transceiver; Martin Amen Quoted

Martin Amen VP and GM Cubic Nuvotronics

A Cubic company has received a three-year contract worth approximately $10 million to help the Department of Defense develop a lightweight and compact dual-band transceiver for military 5G networks. Cubic Nuvotronics, which falls under the mission and performance solutions segment, secured the award through the National Spectrum Consortium and will build a  low size, weight and power 5G wireless network communications transceiver to support the DOD's “5G to Next G“ effort, Cubic said Wednesday.

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Army Taps Cubic Nuvotronics to Make Surrogate Payload for Satcoms

Cubic

Nuvotronics, a business within Cubic's mission and performance solutions segment, has received a contract from the U.S. Army to produce a surrogate payload that could substitute for a satellite communication in satcom-denied scenarios. The contractor said Tuesday it will develop a high-altitude balloon payload that could enable contingency communications and support Wideband Global Satellites surrogate operations during electronic or kinetic attacks.

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USAF Demos Cubic-Made Mission Analysis Software at Checkered Flag Exercise; Jonas Furukrona Quoted

Jonas Furukrona LVC Training VP

Tyndall Air Force Base has hosted a demonstration of a Cubic-made software suite designed to analyze kinetic and non-kinetic effects during training exercises. Cubic said Wednesday its Simplified, Planning, Execution, Analysis, Reconstruction or SPEAR suite facilitated user experience across more than 75 aircraft at the Checkered Flag 21-1 exercise.

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