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

F-35 P5 enables real-time, live monitoring for fifth generation fighter aircraft and records mission data for post mission training analysis

SAN DIEGO--(BUSINESS WIRE)--Second paragraph has been revised.

The updated release reads:

CUBIC WINS $32 MILLION CONTRACT TO DELIVER P5 COMBAT TRAINING SYSTEM FOR THE F-35

F-35 P5 enables real-time, live monitoring for fifth generation fighter aircraft and records mission data for post mission training analysis

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.

Unlike traditional P5 podded solutions for fourth generation fighter aircraft, the F-35 P5 is an Internal Subsystem (IS) configuration that relays Time, Space and Position Information (TSPI) between participating aircraft and range ground stations during training sorties.

“Our advanced and interoperable P5CTS is used on more than 30 ranges worldwide and continues to set the standard for joint, multiservice and coalition training,” said Mike Knowles, president of Cubic Mission and Performance Solutions. “Training for today’s advanced threats to air combat operations requires adaptable, high-fidelity training tools. Cubic’s P5CTS provides secure and scalable instrumentation solutions that enable integrated fourth- and fifth-generation training for our U.S. forces, allies and partners.”

The worldwide P5 infrastructure includes the integration of P5 pods and internal subsystems, ground stations and software, and is an investment shared by 17 countries. A recent upgrade to this training infrastructure is the integration of decryptors in the P5 ground stations to enable F-35 live monitoring at training ranges.

Cubic and its principal subcontractor, Leonardo DRS, will continue to produce and maintain the F-35 P5 internal subsystem. The Leonardo DRS Airborne and Intelligence Systems business division is responsible for the design and production of the airborne P5CTS Internal Subsystem.

About Cubic Corporation

Cubic is a technology-driven, market-leading provider of integrated solutions that increase situational understanding for transportation, defense C4ISR, and training customers worldwide to decrease urban congestion and improve the militaries’ effectiveness and operational readiness. Our teams innovate to make a positive difference in people’s lives. We simplify their daily journeys. We promote mission success and safety for those who serve their nation. For more information about Cubic, please visit www.cubic.com or on Twitter @CubicCorp.