Tag Archives: 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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Veritas Capital CEO, Managing Partner Ramzi Musallam Receives Sixth Consecutive Wash100 Award; Executive Mosaic CEO Jim Garrettson Quoted

Ramzi Musallam CEO

Ramzi Musallam, managing partner and CEO of Veritas Capital, has received a 2021 Wash100 Award for leading a large number of multi-billion dollar acquisitions to drive exponential growth for the company, Executive Mosaic announced on Tuesday. This marks the sixth consecutive year that Musallam has received the most prestigious award in all of government contracting (GovCon).

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ArchIntel Intros ‘Know Your Competition’ Report Featuring Competitive Intell Execs’ Insights

ArchIntel

ArchIntel has published a white paper that features insights from competitive intelligence professionals interviewed by the company to know more about the state of open source competitive intelligence, as well as the current challenges and drivers of success related to the sector. The Know Your Competition report highlights big data and "big change" as the top factors affecting competitive intelligence.

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