Printer Friendly

Cubic Communications acquires direction-finding product line.

SAN DIEGO--(BUSINESS WIRE)--Oct. 12, 1995--Cubic Communications Inc. has acquired the direction-finding product-line assets of Ocean Applied Research (OAR) Corp. for an undisclosed amount of cash, it was announced Thursday by Sam F. Arn, CCI chairman and chief executive officer.

OAR is a 27-year-old San Diego-based producer of radio direction- finding products sold to military and commercial customers around the world, Arn explained. Under terms of the sale, CCI has purchased the rights to the name ``Ocean Applied Research'' and the acronym ``OAR.''

This acquisition allows CCI to offer additional direction- finding capabilities with its growing line of surveillance receivers and systems, Arn said. ``With the engineering and manufacturing resources of the combined operations, the OAR product line will be modernized and expanded,'' he added.

OAR will continue operations at its Sorrento Valley facility until it is integrated into CCI's Ponderosa Avenue plant in an orderly manner. It will be managed by Arthur Wigand, currently OAR vice president and general manager, with the new title of vice president, DF Products, of CCI.

CCI, a wholly owned subsidiary of San Diego-based Cubic Corp., is a respected prime contractor to the U.S. and allied armed forces for radio communication and direction-finding equipment, as well as special systems for surveillance and monitoring. CCI also is a major producer of emergency highway radio/telephone call boxes in service along freeways across the country.

CONTACT: Cubic Corp., San Diego

Gerry Reeves, 619/277-6780
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Oct 12, 1995
Previous Article:Manzi leaves Lotus; Era ends as visionary CEO resigns.
Next Article:Atrix profits up 7%.

Related Articles
Putting the heat on new semiconductors.
Of craters and crevices: a scientist challenges traditional views of cell shapes.
FCC Certifies Cubic's New MTC-100 Transceiver Technology is Key Component in Nation's Maritime Wireless Communications Network Upgrade.
FCC Certifies Cubic's New MTC-100 Transceiver; Technology is Key Component in Nation's Maritime Wireless Communications Network Upgrade.
Cubic Communications Awarded Wireless Base Station Equipment Contract Valued at up to $30 million; Will Deliver to Harris Corporation for MariTEL...
Cubic Communications Acquires RF Power Amplifier Business from Advanced Analog Inc.
Air Force seeking funds to connect weapons in flight.
Lift off! Taking to the skies with helium balloons.
IB Daiwa Announces Test Results from Kami Gas Field - Tests Flow Rates Exceed Pre-drilling Expectations.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters