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Cubic awarded $1.8M contract to supply CDL for SUAS

Cubic Corp. (NYSE: CUB) has been awarded a contract valued at $1.8 million from Idaho National Laboratory to perform phase 1 of a two-phase program to provide a common data link (CDL) for unmanned platforms, specifically Small Unmanned Aircraft Systems (SUAS).

Idaho National Laboratory is a science-based applied engineering national laboratory dedicated to supporting the U.S. Department of Energy's missions in nuclear and energy research, science and national defense.

Phase 1 of the CDL for SUAS program requires the five companies selected, including Cubic, to complete a specified portion of the waveform development for a next-generation CDL known as Bandwidth Efficient Common Data Link (BE-CDL Rev B). The BE-CDL Rev B system will be used for the communication of Intelligence, Surveillance, and Reconnaissance (ISR) and Command/Control (C2) data from unmanned aircraft to other military communications devices.

Cubic's CDL system is extremely versatile and has received the Joint Interoperability Test Command (JITC) specification compliance verification. The development and deployment of this system will ensure SUAS ISR and C2 data transmissions are secure and expeditious, while using a narrower swath of RF frequencies than the standard CDL (STD-CDL) more commonly used today.

BE-CDL Rev B will maintain full CDL capability and transmit full-motion video and sensor feeds from unmanned aircraft. It is anticipated in the future a significant number of U.S. ISR platforms will support BE-CDL Rev B. Cubic's top priority is the satisfaction of our customers and our goal is to exceed operational requirements while yielding a lowest-cost, best-value communications system.

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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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