4C Strategies is a leading international provider of readiness solutions for the private and public sector. This agreement primarily relates to the defense sector, where the company helps clients schedule, plan, deliver and evaluate military training, experimentation and operations through the EXONAUT® software suite, which is in use today by NATO and +10 partner nations.
4C Strategies and Cubic Global Defense, a business division of Cubic Corporation (NYSE: CUB), has successfully cooperated in Australia over the past five years, and this is a step to expand that cooperation to a global level.
Cubic Global Defense is a leading provider of live, virtual, constructive and game-based training solutions for the U.S. and allied forces in more than 35 nations.
“In line with our global strategy for the expansion of 4C Strategies, we are proud to announce this agreement with Cubic Global Defense. Cubic has a strong world wide footprint and a compatible product portfolio, and we believe we can create great value for our customers” says Jonas Jonsson, Managing Director at 4C Strategies International.
”This is the right time to continue to build our global partner network, Cubic has successfully expanded the reach of our Readiness solutions in Australia, and we are thrilled to expand that success further as we see a growing demand for our joint offer.” says Magnus Bergqvist, Chief Executive Officer, 4C Group AB.
Under the agreement, 4C Strategies and Cubic will explore opportunities to further integrate the companies’ complementary products, services and solutions.
“We’re pleased to continue our partnership with 4C Strategies as this new agreement builds on previous successful collaborations between the two companies, particularly in Australia,” said Dave Buss, president of Cubic Global Defense. “Our partnership will ultimately deliver improved value for our current customers and customers of future opportunities.”
The companies anticipate that improved aggregation between quantitative data generated within training simulation applications, such as Cubic’s CATS Metrix, and the qualitative assessments made by observers in 4C Strategies’ EXONAUT® software suite, will enable significant advances in performance-based training. Combining this data provides enormous potential for data analytics, improved learning outcomes and greater readiness management.
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