Cubic Wins $10 Million Contract with the Army Reserve for Engagement Skills Trainer™

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Cubic Defense Systems, a subsidiary of Cubic Corporation (NYSE: CUB) announced today it was awarded a $10 million contract with the U.S. Army Reserves to provide its Engagement Skills Trainer™ (EST 3000™) virtual training system, simulated weapons and services.

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In collaboration with our customer, we retained the features most important to them, such as ballistic accuracy and weapon use, and migrated to the much smaller, more portable and more versatile EST 3000™ system.

Cubic Defense Systems, a subsidiary of Cubic Corporation (NYSE: CUB) announced today it was awarded a $10 million contract with the U.S. Army Reserves to provide its Engagement Skills Trainer™ (EST 3000™) virtual training system, simulated weapons and services.

EST 3000™ trains marksmanship, offensive & defensive collective, and “shoot-don’t shoot” judgmental firing skills. The EST 3000™ is a portable system that leverages the training capabilities provided by the EST 2000™ U.S. Army-certified system. EST 3000™ will provide the U.S. Army Reserves with enhanced fundamentals of marksmanship capabilities through immediate feedback efficiency indicators (trigger pressure, pitch, cant) and 3D targets. The system uses high fidelity game engine graphics that provide realism to marksmanship and collective scenarios. This overall simulation capability will allow Reserve Soldiers to increase their training effectiveness with reduced time and cost, and supports the overall Army Reserves training strategy.

“In collaboration with our customer, we retained the features most important to them, such as ballistic accuracy and weapon use, and migrated to the much smaller, more portable and more versatile EST 3000™ system,” said Dave Schmitz, president of Cubic Defense Systems. “During this time of fiscal constraint, the EST 3000™ allows their Soldiers to familiarize at home station before deploying to a weapons range, which lowers their costs by reducing their time on ranges, while increasing their overall weapons qualifications.”

The EST 3000™ will play a significant role in preparing the Soldiers of the Army Reserve in meeting the challenges of today's threats.

About Cubic Corporation

Cubic Corporation is the parent company of three major business segments: Transportation Systems, Defense Systems, and Mission Support Services. Cubic Transportation Systems is a leading provider of automated fare collection systems and services for public transit authorities. Cubic Defense Systems is a leading provider of realistic combat training systems and secure communications. Mission Support Services is a leading provider of training, operations, maintenance, technical and other support services for the U.S. and allied nations. For more information about Cubic, see the company's Web site at http://www.cubic.com.

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