Cubic-Ssangyong Team Close to Deal on Republic of Korea Armed Forces Combat Training System.Business Editors and High-Tech Writers SAN DIEGO--(BUSINESS WIRE)--Jan. 8, 2001 Cubic Defense Systems, a subsidiary of San Diego-based Cubic Corp. (AMEX AMEX See: American Stock Exchange :CUB), and Ssangyong Information & Communications Corp. (SICC SICC Singapore Island Country Club SICC Service Item Control Center SICC Sarasota International Cricket Club SICC Safeguard Inventory Control Center SICC Southern Indigenous Creole Community SICC Southern Intermediate Counter Current ) of Seoul, Korea are in final contract negotiations to provide to the Defense Procurement Agency (DPA DPA - Data Protection Act ) of South Korea a new tactical engagement simulation A Tactical Engagement Simulation (TES) is a training system for using weapons. Laser transmitters are used instead of bullets, larger rounds, or shorter-range guided weapons such as anti-tank missiles. training system for the Republic of Korea armed forces. The successful capture of this important program serves as the latest example of the company's commitment to expand into international markets. Cubic's fiscal year 2000 combat training systems backlog includes projects in the United Kingdom, Taiwan, Canada, the Netherlands and Kuwait. Cubic's advanced training system will include communications equipment to be used between combat personnel and vehicles. The after action review technology will incorporate both direct fire and area weapons effects, allowing the SICC-Cubic team to move into emerging Korean armed forces combat training areas, including combined arms Combined arms is an approach to warfare which seeks to integrate different arms of a military to achieve mutually complementary effects. Though the lower-echelon units of a combined arms team may be of homogeneous types, a balanced mixture of such units are combined into an and urban training. Under the agreement, SICC will be the prime contractor and provide systems integration to support the training system. Today, military customers on five continents use Cubic systems for training as well as combat and peacekeeping missions. The DPA is expected to make an announcement of its award by early 2001. |
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