Cubic Transportation Systems, as expected, won a major fare-system contract from the Southeastern Pennsylvania Transportation Authority in Philadelphia, with the SEPTA board approving a $211 million deal Thursday.
It was considered a must-win contract for Cubic, which has been seeking to turn around its fortunes after failing to win a major competitive contract for more than 18 months.
Cubic Transportation Systems, as expected, won a major fare-system contract from the Southeastern Pennsylvania Transportation Authority in Philadelphia, with the SEPTA board approving a $211 million deal Thursday.
It was considered a must-win contract for Cubic, which has been seeking to turn around its fortunes after failing to win a major competitive contract for more than 18 months.