CUBIC WINS $113 MILLION CONTRACT
TO PROVIDE
NEXT-GENERATION MILES IWS EQUIPMENT FOR U.S. ARMY
U.S. Army to receive new laser-based simulation equipment for
infantry weapons
San
Diego, Calif., Jan. 20, 2005 – The defense segment
of Cubic Corporation (AMEX: CUB) has won a five-year $113
million contract to produce and field the U.S. Army’s
next-generation Multiple Integrated Laser Engagement System
(MILES) Individual
Weapon System (IWS) for live force-on-force training. The
initial award from the Army’s PEO STRI in Orlando,
Fla., totals $14 million.
MILES
IWS is based on Cubic’s widely endorsed MILES
2000 system, which has been fielded to more than 60,000 troops
worldwide since 1997. Cubic’s MILES allows troops to
train with actual weapons during force-on-force exercises;
provides real-time feedback on weapon engagements and “casualties” with
pinpoint accuracy; and records and analyzes the events for
after action reviews. “The award of MILES IWS is a strategic event for Cubic.
It not only extends our production base, but provides for the
steady insertion of new technology to significantly improve
the quality of training for the U.S. Army,” said Gerald
Dinkel, president and CEO of Cubic Defense Applications (CDA). “We certainly appreciate the confidence the Army has
placed in us, and we’re committed to producing the most
reliable and technically advanced system possible,” Dinkel
continued. “Cubic’s MILES has proven its value
in preparing troops for combat, and I anticipate we could see
production levels even higher than those currently planned.” Cubic will deliver MILES IWS to approximately eight Army training
centers and various homestations throughout the world. The
contract includes initial deliveries to the National Training
Center (NTC) at Fort Irwin, Calif., and the Combat Maneuvering
Training Center in Hohenfels, Germany. Seth Bokmeyer, MILES business development director, said the
new system features many significant improvements over currently
fielded MILES systems. “IWS offers a significant upgrade to the basic MILES
in terms of performance, weight, overall usability and long-term
supportability,” Bokmeyer said. “The advanced system
features small, lightweight components, superior performance
and a proven, cost-effective design.” IWS
is interoperable with previous configurations of MILES
and is expandable to include numerous possible upgrades.
As
an instrumentable system, IWS is designed for easy integration
with Combat Training Centers and mobile homestation training
systems. It also facilitates the Army’s evolution to
future training systems, including the One Tactical Engagement
Simulation System (OneTESS) program. Initial deliveries of MILES IWS will begin in August.
The
Cubic Defense Applications group, one of Cubic's two major
segments, is a world leader in realistic
combat training
systems, mission support services and defense electronics.
The corporation's other major segment, Cubic Transportation
Systems, designs and manufactures automatic fare collection
systems for public mass transit authorities. For more information
about Cubic, see the company's website at www.cubic.com.
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