Cubic Corporation (CUB) CFO John D. Thomas says the company is targeting to add $200 million in annual sales in the near term from its C4ISR business. He says that profit margins should be better than the company’s other businesses.
“DTECH adds the capability of ruggedizing networks,” he says. “They retrofit a lot of Cisco equipment and make it ready for the battle zone.”
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As for future acquisition, Thomas says Cubic will be targeting overseas defense-related businesses. He says the company has made three international acquisitions in the last couple of years, but still has an appetite for more.
“Overall, we are focused on growing the C4ISR business. We are looking at growing what we call our NextCity initiative in transportation, which is pushing us into some adjacent areas along the lines of real-time passenger information, intelligent highways, toll roads and parking,” he says. “These are different kinds of markets that we’re not really big in today, so those would be the key focus areas for us.”
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