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By Ross Wilkers May 25, 2021 After a highly active process that started and restarted, Cubic Corp. said Tuesday it has completed the sale of itself to private equity firm Veritas Capital and activist hedge fund Elliott Investment Management. Veritas and the Paul Singer-led Elliott group will pay $2.38 billion in cash to acquire Cubic and assume around $600 million in that company’s debt, bringing the deal’s enterprise value to roughly $3 billion. For Cubic stockholders, that translates to a payment of $75 per share as the company ceases to be a publicly-traded entity on the New York Stock...

autoevolution No, it is not a Ford. It is something even more spectacular, and more rugged than anything you've ever have seen or sat in. The expression “built like a tank” may well apply here, because it is produced by ST Engineering. Can a Vehicle Be Tougher Than This Bronco? 13 Apr 2021, 13:40 UTC · by ST represents an engineering group devoted to projects that can have applications in a number of domains, from the aerospace and marine industries, to defense and public security, digital technologies and, not least, environmental engineering solutions. The company's roots can be t...

ST Engineering Bronco to Morph into New Army Cold Weather All-Terrain Vehicle 11 Apr 2021, 10:47 UTC · by Believe it or not, Ford is not the only company using the name Bronco for one of the vehicles it makes. An engineering company by the name ST has an entire family of them too, also off-road oriented, but a family that targets entirely different needs altogether. 5 photos The ST Bronco is a tracked machine designed for all-terrain use. It has been around since 2001, and presently comes in about 40 variants that can be deployed for anything from combat to patrolling dangerous areas. ...

ST Engineering teams up with Google Cloud Singapore’s ST Engineering and Google Cloud will explore offering secure cloud services for organisations in regulated industries Share this item with your network: By Published: 16 Mar 2021 8:08 ST Engineering is partnering with Google Cloud to develop secure cloud services for Singapore-based organisations in regulated industries with strict security and privacy requirements. Both companies said they will explore offering cloud solutions that will let organisations run sensitive workloads locally on ST Engineering’s secure cloud, while taki...

UAE vehicle maker teams up with Singapore’s ST Engineering for hybrid system March 1 ST Engineering of Singapore and Emirati vehicle-maker Nimr signed a memorandum of understanding at IDEX 2021. (Courtesy of Nimr) BEIRUT — Emirati vehicle-maker Nimr has signed a memorandum of understanding during a local trade show with Singaporean firm ST Engineering to develop a hybrid electric drive system, Nimr announced. The planned system detailed in the memo, which was signed during the Feb. 21-25 International Defence Exhibition and Conference, has the potential to be installed in Nimr’s H...