Montgomery-Torrellas Resigns as Cubic Transportation Systems President; Cubic Corp. CEO to Take Over as Interim Chief

Cubic global HQ
Cubic Transportation Systems president Peter Montgomery-Torrellas has resigned, saying he was leaving June 19 for a “new opportunity,” which he didn’t name. Steve Slijepcevic, chairman and CEO of CTS parent Cubic Corp. said he would assume the role of...

Cubic Contends It was Low Bidder and should have Won London Contract; Claims Unfair Treatment, Possible Conflict of Interest as Details of Lawsuit Emerge

London Buses
Cubic Transportation Systems contends that it submitted a lower bid than rival Indra Systems for Transport for London’s revenue-collection contract and says it should have won the contract but alleges it was treated unfairly in the competition for the...
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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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