Top Cubic Executives Complain of ‘Serious Concerns’ about Tender Process in Selection of Rival Conduent in Australia: Reports

Bus in Melbourne
U.S.-based Cubic Corp. sent a letter of complaint to the premier of the Australian state of Victoria in Melbourne, contending that a flawed procurement process led to the selection of rival vendor Conduent for a 15-year, AU$1.7 billion (US$1.1 billion),...

Conduent to Part with Its Transportation Business Unit, Including Fare Collection

Opus Card at terminal
U.S.-based Conduent, a business services outsourcing company, said it would sell or spin off its transportation business unit, a major automated fare-collection system supplier globally. [...]

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Cubic Execs Seek to Calm Worries among Agencies and Employees as Its Poor Showing in London and Lawsuit against TfL Sink in

Less than a week after the stunning disclosure by Cubic that it had filed a lawsuit against Transport for London seeking to challenge the loss of the agency’s coveted revenue-collection contract, executives are trying to allay concerns among other transport...
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Breaking: Cubic Transportation Systems Files Legal Challenge to Transport for London Decision on Revenue-Collection Contract Award

Cubic Transportation Systems president Peter Montgomery-Torrellas told employees today that the vendor was legally challenging the decision last month by Transport for London on award of its lucrative revenue-collection contract. While Mongomery-Torrellas...
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Tip Sheet: Speculation Aside on Contract Winner, Losing London would be ‘Big Blow’ to Cubic

Also: Cubic, Other Vendors, Don’t Appeal Loss to Masabi in Montreal; Baltimore Transit Agency Plans Open Loop; but Timeline Unclear [...]

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