March 05, 2015 2:03 PM ET


Company Overview of Cubic Transportation Systems, Inc.

Company Overview

Cubic Transportation Systems, Inc. provides payment and information solutions, and related services for intelligent travel applications. It offers integrated fare collection systems, which include access control, fare payment, revenue control, card distribution/vending, data communications, and information management. The company also provides card and commercial services, such as central system hosting and operations, financial clearing and settlement, card fulfillment, card distribution, and card marketing. In addition, Cubic Transportation Systems offers a mobile ticketing system that enables Android, iPhone, and BlackBerry handsets owners to purchase tickets on the public transport syste...

5650 Kearny Mesa Road

San Diego, CA 92111

United States

Founded in 1972





Key Executives for Cubic Transportation Systems, Inc.

Age: 63
Managing Director of Australia Operations and Vice President of Financial Operations
Senior Vice President of Customer Service & Production - North America Operations
Senior Vice President of North America Operations and General Manager of North America Operations
Managing Director of UK Operations
Compensation as of Fiscal Year 2014.

Cubic Transportation Systems, Inc. Key Developments

Cubic Transportation Announces Earnings Results of 2014; Provides Earnings Guidance for 2015

Cubic Transportation (CTS) announced earnings results of 2014. For the year, the company's sales increased $70.2 million or 13% to a record of $599.7 million in fiscal 2014. Recent acquisitions contributed $53.8 million. Sales were also higher on contracts in Chicago, London and San Francisco. Sales were reduced by $18.4 million, due to a change in estimate on a contract in Vancouver. Operating income decreased 1% to $65.9 million for the year. Operating income was reduced by the $18.4 million Vancouver cost increase and startup losses on the Chicago contract. Offsetting these items were higher profits on contracts in the U.K. and Australia. The company expects profitability will increase in fiscal 2015.

Cubic Transportation Systems Extends Maintenance Contract with rms for eTicket Backoffice System

Cubic Transportation Systems extended its service and maintenance contract for the eTicket backoffice system for the Rhein-Main-Verkehrsverbund Servicegesellschaft mbH, or rms.

Cubic Transportation Systems Appoints David Begg to its Advisory Board

Cubic Transportation Systems has announced the appointment of Professor David Begg, DSc., BA, to its advisory board. Professor Begg is a authority on transportation, regularly advising the UK government on strategic road, rail and airport infrastructure projects. He also serves as a non-executive director of Heathrow Airport Holdings Limited (formerly BAA), is visiting Professor in Sustainable Transport at Plymouth University and a sought-after media commentator on transportation-related matters.

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