Cubic Corporation announced it received final Hart-Scott-Rodino regulatory approval and completed its acquisition of GATR Technologies (GATR), a manufacturer of next-generation deployable satellite communication terminal solutions based in Huntsville, Alabama.
Cubic completed the acquisition of GATR on February 2, 2016 for a purchase price of $232.5 million.
GATR Technologies will operate within the Cubic Global Defense business unit and greatly expands the company’s footprint in the Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) space.
“As a proven leader in the expeditionary satellite communications industry, GATR Technologies will offer our customers an even broader offering of key communication solutions to the Department of Defense, intelligence community and commercial customers,” said Bradley H. Feldmann (photo), President and Chief Executive Officer for Cubic Corporation.”
Cubic Corporation designs, integrates and operates systems, products and services focused in the transportation, defense training and secure communications markets. As the parent company of two major business units, Cubic’s mission is to increase situational awareness and understanding for customers worldwide.
Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators.
Cubic Global Defense is a leading provider of realistic combat training systems, secure communications and networking and highly specialized support services for military and security forces of the U.S. and allied nations.