SOURCE: Cubic Corporation

May 05, 2008 07:30 ET

Cubic Expands Business at U.S. Army Quartermaster Center and School

SAN DIEGO, CA--(Marketwire - May 5, 2008) - Cubic Applications, Inc., the government services division of Cubic Corporation (AMEX: CUB), today announced its training and education support contract with the U.S. Army Quartermaster Center and School (QMC&S) at Fort Lee, Virginia, has been expanded. Cubic has received a new $6.1 million task order from the Northern Region Contracting Center to provide 95 additional personnel, bringing the total number of Cubic employees or subcontractors at the site to nearly 200 people.

Cubic is supplying additional instructors because of the increased need for trained Army personnel due to ongoing combat operations in Afghanistan and Iraq.

"We have been filling the needs of the Quartermaster Center and School since last summer, and are pleased to expand our effort," said Michael Cooper, Cubic program manager for the QMC&S.

In 2007, Cubic received a five-year, $30 million contract to provide field, classroom, computer and hands-on training to the Quartermaster School. Under the new and original contract, the company is teaching soldiers how to operate Army management information systems and logistics functions such as how to prepare meals, and safely store, distribute and transport supplies, fuel and water.

In addition to providing instructors and other personnel to support Military Occupational Specialty training at Fort Lee, Cubic is supplying a small number of personnel to support operational requirements in the QMC&S headquarters and the Office of the Quartermaster General. QMC&S has an annual enrollment of approximately 26,000 U.S. and international military personnel.

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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