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Cubic Corp (CUB.N)

CUB.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

‍Cubic Transportation And John Laing Reach Financial Close and Executed Agreement With MBTA
Wednesday, 21 Mar 2018 07:00am EDT 

March 21 (Reuters) - Cubic Corp ::CUBIC | JOHN LAING CONSORTIUM CLOSES FINANCING WITH MASSACHUSETTS BAY TRANSPORTATION AUTHORITY​ (MBTA) FOR NEXT-GENERATION FARE PAYMENT SYSTEM.CUBIC CORP - ‍CUBIC TRANSPORTATION SYSTEMS AND JOHN LAING REACHED FINANCIAL CLOSE & EXECUTED AGREEMENT WITH MASSACHUSETTS BAY TRANSPORTATION AUTHORITY​.CUBIC CORP - ‍PUBLIC PRIVATE PARTNERSHIP INCLUDES IMPLEMENTATION AND OPERATION OF A NEW FARE PAYMENT SYSTEM​.  Full Article

Cubic Wins Alongside Lockheed Martin to Enhance US Army's Training and Maintenance Program
Tuesday, 20 Mar 2018 07:00am EDT 

March 20 (Reuters) - Cubic Corp ::CUBIC CORP - CUBIC GLOBAL DEFENSE BUSINESS DIVISION WAS INCLUDED IN LOCKHEED MARTIN'S WINNING TEAM THAT WAS AWARDED A 7-YEAR, $3.53 BILLION CONTRACT​.CUBIC CORP - ‍CUBIC WILL RECEIVE MORE THAN $185 MILLION AS PART OF CONTRACT​.CUBIC CORP - ‍LOCKHEED MARTIN IS PRIME CONTRACTOR OF AWARD WITH CUBIC BEING A MAJOR SUBCONTRACTOR​.CUBIC CORP - ‍CUBIC WILL BEGIN ITS FIVE-MONTH PHASE-IN WITH FULL PERFORMANCE ANTICIPATED TO COMMENCE IN OCTOBER 31, 2018​.  Full Article

Cubic Strengthens C4ISR Business With Acquisition Of MotionDSP
Thursday, 22 Feb 2018 04:15pm EST 

Feb 22 (Reuters) - Cubic Corp ::CUBIC STRENGTHENS C4ISR BUSINESS WITH ACQUISITION OF MOTIONDSP.  Full Article

Cubic Reports Q1 Sales Rose 2 Percent To $340.7 Million
Tuesday, 6 Feb 2018 04:06pm EST 

Feb 6 (Reuters) - Cubic Corp ::CUBIC REPORTS FIRST QUARTER FISCAL 2018 RESULTS; ACHIEVES RECORD BACKLOG OF $3.64 BILLION.Q1 SALES ROSE 2 PERCENT TO $340.7 MILLION.Q1 LOSS PER SHARE $0.36.SEES FY 2018 SALES $1.51 BILLION TO $1.56 BILLION.SEES 2018 ADJUSTED EBITDA OF $110 MILLION TO $135 MILLION ON CONSTANT CURRENCY BASIS WITH 2017.  Full Article

Cubic Selected To Support U.S. Army's Mission Training Complex Capabilities Support Program
Thursday, 30 Nov 2017 07:00am EST 

Nov 30 (Reuters) - Cubic Corp ::CUBIC- CUBIC GLOBAL DEFENSE BUSINESS DIVISION AWARDED INDEFINITE DELIVERY INDEFINITE QUANTITY MULTIPLE AWARD TASK ORDER CONTRACT WITH $975 MILLION CEILING.CUBIC SAYS TASK ORDER CONTRACT IS TO SUPPORT U.S. ARMY'S MISSION TRAINING COMPLEX CAPABILITIES SUPPORT PROGRAM.  Full Article

Cubic Corp Awarded $61 Million U.S. Army Contract
Wednesday, 29 Nov 2017 07:00am EST 

Nov 29 (Reuters) - Cubic Corp ::CUBIC AWARDED $61 MILLION CONTRACT TO CONTINUE SUPPORT OF US ARMY'S JOINT READINESS TRAINING CENTER.CUBIC CORP - ‍AWARDED AMOUNT IS FOR COMBINED ONE-YEAR PHASE-IN AND BASE PERIOD WITH FOUR ADDITIONAL OPTION YEARS​.CUBIC CORP - ‍WILL PERFORM WORK IN FORT POLK, LOUISIANA WITH AN ESTIMATED COMPLETION DATE OF NOVEMBER 24, 2022​.  Full Article

Cubic Corp selected for contract from Boston MBTA
Tuesday, 21 Nov 2017 08:00am EST 

Nov 21 (Reuters) - Cubic Corp :Cubic Transportation Systems Business division selected by Massachusetts Bay Transportation Authority for next-generation fare payment system​.Base contract award includes about $575 million for implementation with 10 yrs of operations, maintenance in addition to 2 5-year extension options​.  Full Article

Cubic posts Q4 earnings per share $0.49
Monday, 20 Nov 2017 04:35pm EST 

Nov 20 (Reuters) - Cubic Corp :Q4 earnings per share $0.49.Sees FY 2018 sales $1.51 billion to $1.56 billion.Cubic Corp - ‍ Fiscal 2018 adjusted EBITDA guidance $110 million to $135 million​.Cubic Corp - ‍Total backlog of $3.104 billion as of September 30, 2017​.Cubic Corp qtrly ‍sales $ 445.6 million versus $ 406.6 million ​.Q4 earnings per share view $0.26, revenue view $435.7 million -- Thomson Reuters I/B/E/S.FY2018 revenue view $1.56 billion -- Thomson Reuters I/B/E/S.  Full Article

Cubic's unit signed $185 mln contract with Transport for London for extension of services
Thursday, 16 Nov 2017 07:01am EST 

Nov 16 (Reuters) - Cubic Corp :Cubic - Cubic Transportation Systems business division has signed a $185 million contract with transport for London for a three-year extension of services.Cubic Corp - ‍ CTS has also finalized $553.8 million contract from New York Metropolitan Transportation Authority awarded in October​.  Full Article

Cubic awarded $6.5 mln contract from MARTA
Tuesday, 31 Oct 2017 07:00am EDT 

Oct 31 (Reuters) - Cubic Corp :Cubic awarded contract from MARTA to move Atlanta's Breeze Card to the cloud.Cubic Corp - ‍cubic Transportation Systems business division was awarded a $6.5 million contract from Metropolitan Atlanta Rapid Transit Authority​.  Full Article

BRIEF-Cubic Agrees To Sell Its Training Services Business For Approximately $135 Million

* PRESS RELEASE - CUBIC AGREES TO SELL ITS TRAINING SERVICES BUSINESS FOR APPROXIMATELY $135 MILLION