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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

by Dan BalabanPosted on Posted in Closed LoopTagged ,
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...

Breaking: Cubic Transportation Systems Files Legal Challenge to Transport for London Decision on Revenue-Collection Contract Award

by Dan BalabanPosted on Posted in Closed LoopTagged ,
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 Montgomery-Torrellas...

Is Cubic Challenging London Decision? Sources Say Vendor Sent ‘Letter’ to TfL about Contract Award; CEO Today Said Contract ‘Still in a Standstill Period’

by Dan BalabanPosted on Posted in Closed LoopTagged
Cubic Corp. Chairman and CEO Stevan Slijepcevic, when asked during a companywide “town hall” meeting for employees today about the status of the London revenue-collection contract, said that the vendor is “still in a standstill period and thus cannot...
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