Cubic Awarded Training and Support Contract from the US Navy and Marine Corps Worth $134 Million

Cubic Awarded Training and Support Contract from the US Navy and Marine Corps
Worth $134 Million

Cubic will deliver interactive and immersive academic and simulator
instruction for nine different aircraft ranging between basic and advanced
flight operation

SAN DIEGO, Calif., April 9, 2013 (GLOBE NEWSWIRE) -- via PRWEB - Cubic
Worldwide Technical Services (CWTS), a Mission Support Services subsidiary of
Cubic Corporation (NYSE: CUB) has been awarded a contract for nearly $134
million for the Base Period and Option Years from the U.S. Naval Air Warfare
Center Training Systems Division (NAWCTSD) based in Orlando, Florida. CWTS is
a leading provider of instructional support services for the Navy and Marine
Corps. Cubic will deliver interactive and immersive academic and simulator
instruction for nine different aircraft ranging between basic and advanced
flight operation.

This Chief of Naval Air Training, Contract Instruction Services (CNATRA CIS)
Task Order is issued as part of the Fielded Training Systems Support (FTSS)
III indefinite delivery, indefinite quantity contract. The contract is slated
to start on April 1, 2013 with a total period of performance of five years.

"The U.S. Naval Air Systems Command understands the value and importance of
superior academic and simulator training for our service men and women," said
Harold Carlisle, deputy general manager of Cubic Worldwide Technical Services.
"This announcement is another testament of Cubic's continued partnership with
the United States Navy and our dedication to supporting our troops."

The contract will be performed at five locations including NAS Corpus Christi
and NAS Kingsville, Texas; NAS Meridian, Miss.; and NAS Pensacola and NAS
Whiting Field, Fla.

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