SOURCE: Cubic Corporation

Cubic Corporation

January 19, 2010 07:00 ET

Cubic Is Part of Winning Team for AFRICAP Services Contract

KINGSTOWNE, VA--(Marketwire - January 19, 2010) - Cubic Applications, Inc., the mission support services subsidiary of Cubic Corporation (NYSE: CUB), will provide military training and strategic advisor services as a member of the AECOM Corporation team for the Africa Peacekeeping Program (AFRICAP). AECOM is one of four companies to win the five-year AFRICAP contract, which has a maximum value of $375 million per company.

AFRICAP is the primary support services contract used by the U.S. Department of State's Bureau of African Affairs. The indefinite delivery, indefinite quantity (ID/IQ) program establishes an ordering mechanism for selected contractors to provide military training, strategic advisory services, equipment procurement, logistical support services and construction services consistent with U.S. Department of State peacekeeping policies for developing countries in Africa.

Under the contract, AECOM will work under the oversight of the U.S. Department of State, Bureau of African Affairs, Office of Regional and Security Affairs and the U.S. Sudan Special Envoy, and in close coordination with the department's organizational elements. Cubic Applications, Inc.'s Defense Modernization Division in Kingstowne, Virginia, is the lead for this new program.

With this latest contract win, Cubic Applications, Inc. holds three separate contracts related to U.S. efforts to enhance regional security in Africa. In 2009, the subsidiary's San Diego-based Information Operations Division received a $30 million contract to provide joint training and exercise support to the United States Africa Command (AFRICOM). Under another contract with AFRICOM, Cubic Applications provides media analysis support to the Combined Joint Task Force - Horn of Africa.

Cubic Applications, Inc. is part of the Mission Support Services business of 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 and defense electronics. Mission Support Services is a leading provider of training, operations, maintenance, technical and other support services. Cubic Transportation Systems is the world's 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

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