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Cubic to deploy mesh asset tracking technology to Afghanistan

Cubic Global Tracking Solutions, the asset management and visibility solutions provider of San Diego-based Cubic Corp. (NYSE: CUB), has been awarded three U.S. Army and GSA Schedule orders totaling approximately $4.8 million to expand its wireless mesh asset tracking technology to two U.S. bases in Afghanistan.

Cubic will deploy thousands of Mesh Asset Tags (MATs) and its Web-based Device Management Center (DMC) asset visibility system to bases near Kandahar and Bagram, where the technology will be used to track and process equipment being redeployed or returned home in the drawdown of troops from Afghanistan.

Cubic is delivering the mesh network technology to the U.S. Army Logistics Innovation Agency and Army Sustainment Command as a subcontractor to ARINC Inc. on the Next Generation Wireless Communications (NGWC) contract, and the Army Mobility Asset Tracking System (AMATS) program.

Currently being used for yard management of vehicles at three bases in Kuwait, the solution consists of small, battery operated mesh tags with built-in GPS receivers that are attached to vehicles and linked wirelessly with one another to form a secure data communications network. Cubic's asset visibility system enables logistics personnel to determine the precise location of any military vehicle by searching the DMC database.

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Cubic Corp.

Company Website

9333 Balboa Ave.
San Diego, CA 92123

Company Trade Data

Stock Symbol Close
Change
Chg %Chg
Volume
52-Week
High Low
CUB
43.25
  0.24  
+ 0.56%
96,581,000
55.73
39.83

Insider Trade Data

Date Insider Shares Type Value
08/07/2015 Zable, Walter C Jr 66,974 Sell $3,100,242
08/07/2015 Zable, Walter C Jr 66,974 Sell $3,100,242
06/24/2015 Zable, Walter C Jr 134,453 Sell $6,658,951
06/24/2015 Zable, Walter C Jr 134,453 Sell $6,658,951
06/24/2015 Zable, Walter C Jr 134,453 Sell $6,658,951

Cubic Corp. Executive(s):

Bradley Feldmann

  • Chief Operating Officer, President

John Thomas

  • Chief Financial Officer, Executive Vice President

James Edwards

  • Senior Vice President, General Counsel

Mark Harrison

  • Senior Vice President, Corporate Controller

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Interview with Bradley Feldmann

July 29, 2015 -- George Chamberlin and Bradley Feldmann, president and CEO of Cubic Corp., talk about the many businesses Cubic is involved in, including defense and transportation.

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