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Thu, October 13, 2011
[ Thu, Oct 13th 2011 ] - Market Wire
Projects Advance on Many Fronts

Cubic Gets $11 Million Order for EST 2000 Virtual Trainer


Published on 2011-10-13 04:08:18 - Market Wire
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October 13, 2011 07:00 ET

Cubic Gets $11 Million Order for EST 2000 Virtual Trainer

SAN DIEGO, CA--(Marketwire - Oct 13, 2011) - Cubic Corporation (NYSE: [ CUB ]) has received an order worth $11 million for its [ Engagement Skills Trainer 2000 ] (EST 2000) virtual small arms training system.

The order is the result of a modification to an existing contract requested by the U.S. Army's Program Executive Office for Simulation, Training and Instrumentation (PEO STRI).

The modification covers a mix of additional EST equipment, including simulated weapons and EST training subsystems, primarily for use by the Army National Guard.

It also includes a research and development project to create a design mock-up for 77 Loader's Armored Gun Shields (LAGS) -- devices made with ballistic glass designed to help protect gun loaders in their fighting position in one of the turret hatches of M-1 Abrams battle tanks.

EST 2000, built by the Cubic Simulation Systems division based in Orlando, Florida, uses digital video projectors, high-definition screens, game-based computer graphics and ballistically accurate weapons for marksmanship, collective and shoot/don't-shoot judgmental use of force training.

Cubic Corporation is the parent company of three major business segments: Defense Systems, Mission Support Services and Transportation Systems. Cubic Defense Systemsis a leading provider of realistic combat training systems, cyber technologies, asset tracking solutions, and defense electronics. Mission Support Servicesis a leading provider of training, operations, maintenance, technical and other support services. Cubic Transportation Systemsis the world's leading provider of automated fare collection systems and services for public transit authorities. For more information about Cubic, see the company's website at [ www.cubic.com ].