Cubic Defense Systems, a subsidiary of San Diego-based Cubic Corp. (NYSE: CUB) has been awarded a $25 million contract from the U.S. Air Force for its P5 Combat Training System (P5CTS) to meet international requirements, including delivery to several Middle East allies as part of F-15 and F-16 foreign military sales contracts.
"This large contract combines various FMS requirements to provide the lowest possible cost to our customers in a tight budgetary environment," said Dave Schmitz, president of Cubic Defense Systems. "This contract extends the breadth of P5 sales in the Middle East and should yield long-term operations and maintenance opportunities."
Cubic is the prime contractor responsible for performance in all areas of systems engineering, and for development/integration/installation of the ground instrumentation subsystem. DRS is the principal subcontractor responsible for performance in all areas related to the P5CTS airborne instrumentation subsystem.
9333 Balboa Ave.
San Diego, CA 92123