Cubic acquires DTECH LABS, Inc.

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SAN DIEGO--(BUSINESS WIRE)--Cubic Corporation (NYSE: CUB) today announced the acquisition of DTECH LABS, Inc. (DTECH), a leading provider of modular networking and baseband communications equipment based in Sterling, Va., for up to $114.5 million, including $15 million of contingent consideration and subject to the terms of the stock purchase agreement. “DTECH is the first step in our near-term strategy to build a niche $100-200 million C4ISR business generating mid-teen EBITDA margins. DTECH r

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