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Army

Cubic Announces Acquisitions Of Two Companies In C4ISR Markets

By Cal Biesecker

Monday, December 21st, 2015

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Cubic Announces Acquisitions Of Two Companies In C4ISR Markets

Cubic's 2.4 meter GATR inflatable satellite terminal. Photo: Cubic.

Cubic Corp. [CUB] on Monday said it has acquired one firm and agreed to acquire another in deals aimed at further expansion in the C4ISR arena.Cubic said it paid $39 million for Teralogics, LLC, which provides real-time, full-motion video processing, exploitation and dissemination for customers in the Defense Department, intelligence community, and commercial space. The Teralogics deal includes a potential $9 million additional payment depending on how well the new business unit performs.Cubic will pay $232.5 million for GATR Technologies,…

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