SOURCE: Cubic Corporation

May 01, 2008 07:00 ET

New Opportunities Spur Cubic Expansion in Virginia

New Office Near Fort Lee Will Focus on Logistics Education and Doctrine

SAN DIEGO, CA--(Marketwire - May 1, 2008) - Cubic Applications, Inc., the government services business of Cubic Corporation (AMEX: CUB), has opened a new business office near Fort Lee, Virginia, to sustain Cubic's growing logistics training business at that installation and position the company for future growth.

Cubic invited local military, political and business representatives to its grand opening, held April 24 in Prince George, Virginia.

"With recent contract awards, Cubic is now the largest mission support contractor at Fort Lee," said Joe Roszkowski, the Cubic program director in charge of the new office. "We hope to pursue additional work at Fort Lee and other military locations in the region, with a particular emphasis on logistics instruction, doctrine writing, combat development and experimentation."

Cubic is a leading mission support services contractor for the U.S. military, providing highly realistic predeployment training for both Army and Marine Corps units in the live, virtual and constructive (computer-based) training domains. Cubic started serving Fort Lee last year after winning a $30 million contract to design and implement training support at the U.S. Army Quartermaster Center and School (QMC&S). Since then, Cubic's business at QMC&S has more than doubled, employing close to 200 people now and with the potential for additional growth as the U.S. Army stands up the Sustainment Center of Excellence.

Cubic's new Fort Lee office joins an impressive array of Cubic Corporation facilities in the state of Virginia. The office is managed by Cubic's Operations Support Division, headquartered in Hampton, Virginia. The Operations Support Division provides computer-based simulation, analysis, military staff training, joint forces training, National Guard training, real-world mission rehearsals and operational support to all the U.S. combatant commands worldwide, and also assists in coordinating large-scale homeland security exercises for the Department of Homeland Security and other civilian agencies. Its customers include the Joint Warfighting Center at Suffolk, Virginia, and the Marine Corps Base Quantico, Virginia.

Cubic's Threat Technologies Division, based in Kingstowne, Virginia, creates high-fidelity weapons effects models used by Weapons of Mass Destruction (WMD) experts around the globe and is the prime contractor for the Defense Threat Reduction Agency's CBRNE (Chemical, Biological, Radiological, Nuclear and High-Yield Explosives) exercise program. Cubic's Force Modernization Division, also located in Kingstowne, supplies strategic planning, doctrine, force design and training programs for emerging democracies, including Central and Eastern Europe. Cubic's Information Operations Division directs its business development efforts for the National Capital Region from Kingstowne, emphasizing leadership assessments, online training and intelligence systems training for civilian U.S. government agencies. Cubic's Worldwide Technical Services Division provides instructors and operations and maintenance personnel at two Navy and one Marine Corps facility in Virginia (Norfolk, Oceana and Quantico). Cubic's Defense Business Development Operations and Legislative Affairs units are located in Arlington, Virginia. Cubic Transportation Systems, the transportation segment of Cubic Corporation, manages its extensive National Capital Region business from Chantilly, Virginia.

Cubic Applications, Inc. is a major component of the Defense segment of Cubic Corporation. Cubic Corporation is a world provider of realistic combat training systems, mission support services and defense electronics. Another Cubic Corporation segment, Cubic Transportation Systems, designs and manufactures automatic fare collection systems for public mass transit authorities.

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