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Cubic To Supply Army With Mobile Training System

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Cubic To Supply Army With Mobile Training System

Cubic Corp. [CUB] announced on Wednesday it was selected to supply the Army Mobile Instrumented Training System (AMITS) for the Army's Program Executive Office for Simulation, Training and Instrumentation (PEO STRI) under a five-year contract with a base year and four option years that, if fully funded, would be potentially valued at more than $200 million. The initial award is valued at $12.5 million. “Cubic is proud to provide AMITS training equipment to the U.S. Army. This next-generation Homestation Instrumentation…

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