Cubic signs $35.5M fare collection equipment contract for Singapore's future rail line

Cubic Corporation, an American public corporation providing diversified systems and services to the transportation and defense markets worldwide, announced yesterday that two of its subsidiaries, Cubic Transportation Systems (Australia) and Cubic Technologies Singapore (C-Tech), signed a contract with the Land Transport Authority (LTA) in Singapore to design and deliver automated fare collection equipment for the authority’s future Thomson-East Coast Line. The contract for $35.5 million includes the design, development, test and integration with LTA’s current fare collection system. Under the agreement, Cubic claims to deliver a full suite of devices for deployment in stations and operations depots. The contract marks Cubic’s renewal of customer relations with LTA that began with the region’s original fare collection system in the 1980s, followed by the supply Cubic’s General Ticketing Machines in 1999. According to Cubic, the system was the first of its kind to issue and recycle contactless smart cards for single trips as well as topping up reloadable smart cards using notes, coins and bankcards. “We are delighted to have been selected for this contract, which is part of LTA’s goal to increase connectivity for commuters not directly served by the rail network currently,” said Tom Walker, Managing Director, Cubic Transportation Systems, APAC.

“Cubic’s experience with payment systems for many of the world’s largest transport systems was a key factor in the process, and we are excited by the opportunity to re-establish our footprint with the LTA, an important and respected customer of many years.”

The LTA’s Thomson-East Coast Line is under construction with the first stage to be launched in 2019 and the last stage to be completed in 2024. The announcement came just one day after Cubic Transportation Systems announced its new gateless gateline tech project to speed passenger management at train station fare gates. This move was motivated by travel projections that state that the number of journeys for passenger rail is likely to double over the next three decades.