Cubic Corp. [CUB] says its Cubic Applications subsidiary has received a nine-month contract from the Organization of American States to provide seaport security assessments and training for six ports in Panama. Cubic’s Maritime Security Directorate will perform the security assessments and training. The company will examine physical security, cargo and access controls, customs procedures, critical infrastructure, screening techniques for passengers and crews, passenger and cargo security, and emergency consequence management at each port or terminal. The contract covers four container ports and terminals and two cruise ship terminals. Cubic has previously conducted seaport security assessments and training for the OAS in Columbia, Mexico, and Peru and has trained port officials in Trinidad & Tobago, Saint Vincent and The Grenadines.
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