Shares Of Defense Supplier Cubic Nosedive On Softer Outlook

C4ISR and defense training provider Cubic saw its publicly traded shares lose around 20% in price Nov. 21, the day after the company forecast fiscal 2020 expectations that were softer than Wall Street expected. The underwhelming forecast stems from a lack of fresh defense appropriations–the U.S...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.