April 25, 2012

Cubic wins Australian rail contract

Cubic Transportation Systems, a business segment of San Diego-based Cubic Corp., was awarded, through its Australian division, a three-year contract to provide expanded operations, maintenance of ticketing equipment, infrastructure and delivery of associated services for passenger rail operations in Sydney.

The maximum value of the services to be provided by Cubic to RailCorp under the contract is expected to be approximately $65 million. The contract includes provisions to be extended with two one-year options for services.

Services provided by Cubic will include all maintenance for Cubic’s ticketing equipment including gates, vending and booking office machines, network fault monitoring and field service management through a Ticketing Services Control Centre (TSCC), and managing cash services at RailCorp’s CityRail and CountryLink stations.

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