Cubic and 4C Strategies Strengthen Strategic Partnership

Cubic Corporation (NYSE: CUB) today announced its Cubic Global Defense (CGD) business division and 4C Strategies have formed a new strategic partnership to cooperate globally in the development and delivery of next-generation training and readiness capabilities to shared customers.

17th May 2018


Cubic and 4C Strategies Strengthen Strategic Partnership for Training and Readiness Capabilities

Cubic Global Defense and 4C Strategies to further integrate complementary products, services and solutions for global customers

SAN DIEGO – May 16, 2018 – Cubic Corporation (NYSE: CUB) today announced its Cubic Global Defense (CGD) business division and 4C Strategies have formed a new strategic partnership to cooperate globally in the development and delivery of next-generation training and readiness capabilities to shared customers.

“We’re pleased to continue our partnership with 4C Strategies as this new agreement builds on previous successful collaborations between the two companies, particularly in Australia,” said Dave Buss, president of Cubic Global Defense. “Our partnership will ultimately deliver improved value for our current customers and customers of future opportunities.”

"This is an important step for us in building our partner network where Cubic has successfully expanded the reach of our readiness solutions in Australia,” said Magnus Bergqvist, chief executive officer of 4C Strategies. “We are thrilled to expand our Australian success and now partner with Cubic on a global scale as we see a growing demand for our joint offerings.”

Under the agreement, Cubic and 4C Strategies will explore opportunities to further integrate the companies’ complementary products, services and solutions. The partnership will provide open and scalable training solutions with a focus on customer outcomes rather than a “one-size-fits-all” proprietary approach.

The companies anticipate improved aggregation between quantitative data generated within training simulation applications, such as Cubic’s CATS Metrix, and the qualitative assessments made by observers and stored in 4C Strategies’ EXONAUT® Software Suite, will enable significant advances in performance-based training. Combining this data provides enormous potential for data analytics, improved learning outcomes and greater readiness management. 

Cubic’s CATS Metrix is an exercise control (EXCON) software used by operators and instructors to plan, conduct, control, monitor, record, debrief and evaluate live force-on-force training. 4C Strategies is a leading provider of readiness solutions that schedule, plan, deliver and evaluate military training, experimentation and operations through the EXONAUT Software Suite, which is in use today by the North Atlantic Treaty Organization (NATO) and more than 10 partner nations.
 

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