Cubic Announces Settlement of Litigation Related to London Transit Contract
Cubic Corporation (AMEX: CUB) announced today the settlement of litigation with its former subcontractor on the PRESTIGE contract in London. In accordance with the terms of the settlement, the details are confidential.
About Cubic
Cubic Corporation is parent of two major segments: transportation and defense.Cubic Transportation Systems designs and manufactures automatic fare collection systems for public transit authorities throughout the world, including rail, bus and parking lot systems.
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