Cubic Corporation Appoints Dave Schmitz as President of Cubic Defense Applications

Cubic Corporation Appoints Dave Schmitz as President of Cubic Defense
Applications

Cubic Corporation (NYSE:CUB) today announced the appointment of Dave Schmitz
as president of Cubic Defense Applications (CDA). He succeeds Brad Feldmann,
who was recently promoted to president and chief operating officer of Cubic.

SAN DIEGO, Calif., March 26, 2013 (GLOBE NEWSWIRE) -- via PRWEB - Cubic
Corporation (NYSE: CUB) today announced the appointment of Dave Schmitz as
president of Cubic Defense Applications (CDA). He succeeds Brad Feldmann, who
was recently promoted to president and chief operating officer of Cubic.

"As president of CDA, Dave brings a solid track record of experience in
defense systems," said Feldmann. "His extensive experience and leadership
skills make Dave well-suited to help grow CDA's efforts globally. Schmitz is a
seasoned executive with a proven track record in strategic planning and
business management."

Most recently, he was vice president and general manager of Cobham Sensor
Systems involved in technology applications supporting a variety of critical
military platforms and systems. Schmitz received his bachelor's degree in
applied mechanics from Harvard University, as well his master's degree in
aeronautics and astronautics from Stanford University.

CDA and its affiliates are the world's leading provider of realistic air and
ground combat training systems for national military and security forces. Its
primary focus is to design, develop, manufacture, integrate, innovate, and
sustain advanced technologies responsive to mission requirements of U.S. and
allied forces. Infantry troops, aircrews, and security forces all draw upon
the realism gained from using Cubic's training systems to help them
effectively perform their mission. CDA is also a key supplier of
communications and signal intelligence equipment, and information assurance
solutions for cyber security.

About Cubic Corporation

Cubic Corporation is the parent company of three major business segments:
Defense Systems, Mission Support Services and Transportation Systems. Cubic
Defense Systems is a leading provider of realistic combat training systems,
cyber technologies, asset tracking solutions, and defense electronics. Mission
Support Services is a leading provider of training, operations, maintenance,
technical and other support services to the U.S. and allied nations. Cubic
Transportation Systems is a leading provider of automated fare collection
systems and services for public transit authorities. For more information
about Cubic, see the company's web site at http://www.cubic.com.

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CONTACT: Cubic Corporation
         Timothy Hill
         timothy.hill@cubic.com
         858-505-2430