Cubic Corporation
Cubic Corporation is a prominent American company that operates primarily in two business segments: Cubic Transportation Systems (CTS) and Cubic Mission and Performance Solutions (CMPS). Founded in 1949 by Walter J. Zable, Cubic Corporation has grown to become a key player in providing integrated systems for transportation fare collection and defense training and communication solutions.
Cubic Transportation Systems (CTS)
Cubic Transportation Systems specializes in designing, building, operating, and maintaining automated fare collection systems for public transport networks worldwide. CTS has been instrumental in implementing systems like the Go card, a smart card ticketing system used in Australia. In 2003, Cubic Corporation secured a significant contract to manage the Go card system, which underscores its capabilities in this sector.
Cubic Mission and Performance Solutions (CMPS)
Cubic Mission and Performance Solutions provides a wide array of defense and training solutions, including the development of Multiple Integrated Laser Engagement System (MILES), which is used for military combat training exercises. This segment of Cubic Corporation offers products and services that enhance the readiness and effectiveness of defense forces worldwide.
Leadership and Innovation
Cubic Corporation has been guided by influential leaders in the technology and defense sectors. David A. Whelan serves as the Senior Vice President and Chief Scientist of the company, bringing innovative approaches to Cubic's strategic initiatives. The company continues to evolve its offerings to meet the ever-changing demands of transportation and defense sectors globally.
Recent Developments
In 2021, Cubic Corporation completed its sale to Veritas Capital and Evergreen Coast Capital Corporation. This strategic move is poised to reinforce its market position and drive further growth and innovation.