CUB - Cubic Awarded Contract to Deliver Sharklink Systems for US Navy

Cubic Corporation (NYSE:CUB) today announced its Cubic Mission Solutions (CMS) business division was awarded a sole source, five year contract worth approximately $9 million, from Naval Information Warfare Systems Command (NAVWAR) for the production of Communication Data Link System –Technical Refresh (CDLS-TR) equipment. Under the contract, Cubic will deliver its Sharklink system for use on two CVN aircraft carriers. Sharklink is a high-performance, surface data terminal that supports secure, long range high data rate communications with airborne and shipboard platforms.

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“Cubic’s Sharklink system will extend the U.S. Navy CVN capability to simultaneously communicate with multiple manned and unmanned aircraft operating within the battlegroup,” said Mike Twyman, president of Cubic Mission Solutions. “This is a key contract win for us and we look forward to working closely with NAVWAR to field the system on the CVNs.”

Sharklink has a flexible architecture to support growth for up to eight simultaneous links and a software defined radio architecture to support current and future CDL waveforms planned for use by the U.S. Navy. Sharklink’s real-time imagery, full-motion video, audio and sensor data are instantly available to provide ships with the detailed information they need for operations ranging from humanitarian relief to surface combat.

This contract is a follow-on to the development contract which Cubic was awarded in 2017. The initial Sharklink systems are currently being installed on the USS Nimitz and USS Carl Vinson.

Sharklink is part of the U.S. Navy’s CDL system of systems. In addition to Sharklink, Cubic is also fielding other CDL equipment for the MQ-8C Fire Scout, MH-60S Knighthawk, MQ-25 Stingray, F-35 and the TacMobile portable systems.

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 @CubicCorp.

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