Cubic Global Defense Awarded Spot on $21 Billion US Air Force Training System Acquisition III Contract

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Indefinite Delivery/Indefinite Quantity (IDIQ) contract to support warfighter training systems at US Air Force operating locations globally

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This award is a major opportunity for Cubic Global Defense to demonstrate our worldwide leadership in military training systems and services, and expand our presence in critical U.S. Air Force training requirements.

Cubic Global Defense (CGD), a business unit of Cubic Corporation (NYSE: CUB), today announced it has been awarded a spot on the U.S. Air Force (USAF) Training System Acquisition (TSA) III contract, in the large business “unrestricted pool” by Air Force Life Cycle Management Center (AFLCMC) Training Systems Product Group. The estimated ceiling of the contract is $20.9 billion for task orders to be completed over the next 10 years.

Under this contract, Cubic Global Defense will compete for individual task orders to perform design, development, production, installation, analysis, integration, test and sustainment services under USAF’s Training Systems Acquisition III program.

“This award is a major opportunity for Cubic Global Defense to demonstrate our worldwide leadership in military training systems and services, and expand our presence in critical U.S. Air Force training requirements,” said Bill Toti, president of Cubic Global Defense.

The Cubic TSA III team will be led by the Cubic Wright-Patterson Air Force Base (WPAFB) location, teamed with divisions across CGD’s Centers of Excellence. The WPAFB location was established in November 2012 in order to further the company’s competitiveness in the USAF training area.

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About Cubic Corporation
Cubic Corporation designs, integrates and operates systems, products and services focused in the transportation, defense training and secure communications markets. As the parent company of two major business units, Cubic’s mission is to increase situational awareness and understanding for customers worldwide. Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators. Cubic Global Defense is a leading provider of realistic combat training systems, secure communications and networking and highly specialized support services for military and security forces of the U.S. and allied nations. For more information about Cubic, please visit the company's website at http://www.cubic.com or on Twitter @CubicCorp.

Media Contact:
Laura Chon
Corporate Communications
Cubic Corporation
858-505-2181
laura(dot)chon(at)cubic(dot)com

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Laura Chon
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