SOURCE: Cubic Corporation

Cubic Corporation

December 15, 2009 07:00 ET

Cubic Receives $7 Million in New Orders for Japanese Air Self-Defense Force Training Systems

SAN DIEGO, CA--(Marketwire - December 15, 2009) - Cubic Defense Applications, the defense systems business of Cubic Corporation (NYSE: CUB), has received $7 million in follow-on contracts to provide additional combat training instrumentation for the Japanese Air Self-Defense Force.

"These new contracts bring Cubic's total orders for air combat technology in Japan to $20 million," said Philip J. Fisch, Senior Director of Business Development for Cubic Defense Applications. "Our training systems are helping to enhance the capabilities and readiness of Japanese pilots and contribute to security in the region."

Cubic delivered Japan's first Air Combat Maneuvering Instrumentation (ACMI) system to Komatsu Air Base in 2007 under contract to Sumitomo Corporation of America. The "rangeless" system allows training without a fixed infrastructure and is fully interoperable with Cubic training systems used by U.S. combat pilots at Misawa and Kadena air bases in Japan, and Osan and Kunsan air bases in the Republic of Korea. It includes wing-mounted instrumentation pods that record simulated weapons actions, and Cubic's Individual Combat Aircrew Display System, or ICADS™, used for ACMI debriefs.

Cubic ACMI systems are in use throughout the Asia Pacific region with U.S. coalition partners, including Australia, Singapore, Taiwan, Thailand and Japan.

Cubic Defense Applications, Inc. is part of Cubic Corporation's defense systems business. 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 www.cubic.com.

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