Cubic Corporation Awarded $6 Million Air National Guard Contract

Cubic Corporation (CUB) announced on May that the Cubic Global Defense (CBD) division has been awarded a $6 million government contract in cooperation with Federal Resources. Cubic will supply the Air National Guard with its 95 PRISim Suite Portable Trainer systems that include recoil and less-lethal training weapons and devices. The systems will be installed at every Air National Guard base.

 

Sonal sent out an alert about the event at 7:00 am. The next trade took place for $65 at the market open. Cubic closed at $69.20 for a gain of around 6.5% on the day of the event.

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