Cubic Wins $32 Million Contract to Deliver P5 Combat Training System for the F-35

SAN DIEGO--(BUSINESS WIRE)--Cubic Corporation (NYSE:CUB) today announced its Cubic Mission and Performance Solutions (CMPS) business division was awarded a contract worth $32 million from Lockheed Martin for two more production lots of the P5 Combat Training System (P5CTS) for the F-35 Lightning II. Under the contract, Cubic will deliver over 150 training subsystems for Lockheed Martin’s F-35 Air Combat Maneuvering Instrumentation (ACMI) system. This new order increases the total number of F-35 P5 on contract to over 1,150 and ensures fielding of F-35 P5 out to 2025.