May 22, 2013 10:27 PM ET

Aerospace and Defense

Company Overview of Cubic Defense Applications, Inc.

Company Overview

Cubic Defense Applications, Inc. provides integrated systems, electronic products, and services for the training and operational readiness of the U.S. armed forces, and allied militaries. The company’s products and services include instrumented training systems for military forces; training devices; constructive simulation development; battle command training and education solutions; force modernization; electronic warfare systems; tactical battlefield systems; and communications electronics, including combat search-and-rescue avionics, tactical and secure data links, surveillance radios and receivers, and direction-finding systems. It also manufactures flight simulators; television co...

Detailed Description

9333 Balboa Avenue

San Diego, CA 92123

United States

Founded in 1951

Phone:

858-277-6780

Fax:

858-505-1523

Key Executives for Cubic Defense Applications, Inc.

President
Age: 50
Chief Operating Officer and Vice President of Human Resources
Age: 49
Senior Vice President of Ground Combat Programs
Age: 63
Executive Vice President
Vice President of Communications Systems
Compensation as of Fiscal Year 2012.

Cubic Defense Applications, Inc. Key Developments

Cubic Defense Systems Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2013; Provides Financial Guidance for the Fiscal Year 2013
May 2 13

Cubic Defense Systems reported earnings results for the second quarter and six months ended March 31, 2013. For the quarter, the company reported sales of $103.2 million against $80.7 million a year ago. Operating income was $0.3 million against $6.1 million a year ago. For the six months, the company reported sales of $184.4 million against $164.0 million a year ago. Operating income was $1.5 million against $12.1 million a year ago. For the fiscal year 2013, the company estimates charge of operating income for the amortization of intangibles will be about $1 million.

Cubic Defense Applications, Inc. Wins $3,580,554 Federal Contract
Apr 2 13

Cubic Defense Applications, Inc. won a $3,580,554 federal contract from the U.S. Army's Defense Logistics Agency Detachment, Aberdeen Proving Ground, Md., for airborne radio and television communication equipment.

Cubic Defense Applications, Inc. Reports Financial Results for the First Quarter Ended December 31, 2012; Provides Earnings Guidance for the Fiscal Year 2013
Feb 11 13

Cubic Defense Applications, Inc. reported financial results for the first quarter ended December 31, 2012. For the quarter, the company reported sales of $81.2 million versus $83.3 million in the comparable quarter in 2012, or a decrease of 3%. The primary reason for the decrease in CDS sales in the quarter related to a decrease in sales of secured communication products, partially offset by slightly higher training and other advanced technology sales. Operating profits were $1.2 million or 1.5% of sales versus $6 million or 7.2% of sales for the comparable quarter in 2012. Operating profits were lower due to cost growth on a secure communications contract and lower margins on training-related sales during the quarter. The company expects operating performance to improve during the balance of the year 2013.

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