Cubic to Provide Port Security Assessments and Training to Colombia, Mexico and Peru

SAN DIEGO, Calif. - May 19, 2010 - Cubic Applications, Inc., a mission support services subsidiary of Cubic Corporation (NYSE: CUB), has received a new contract from the Secretariat of the Inter-American Committee Against Terrorism of the Organization of American States (OAS) to provide seaport security assessments and training for six ports in Colombia, Mexico and Peru.

Ports included under the new contract include Buenaventura in Colombia; Manzanillo, Coatzacoalcos, Cozumel and Los Cabos in Mexico; and El Callao in Peru. Cubic will examine physical security, cargo and access controls, customs procedures, critical infrastructure, screening techniques for passengers and crews, passenger and cargo security, and emergency consequence management capabilities at each port. This includes assessing cruise ship security procedures and how government agencies identify and detect contraband related to either security matters or illegal trafficking.

The Cubic team will also offer appropriate mitigation strategies and conduct training need analyses to identify the specific topics and skills needed to improve each port’s security, counterterrorism and law enforcement capabilities. OAS will approve the training programs for all six ports.

Under an OAS contract completed last year, Cubic provided security assessments and training to the independent Caribbean island nations of Trinidad & Tobago, and Saint Vincent & The Grenadines, and conducted consequence management exercises in Trinidad and Mexico.

“Cubic has worked hard and met all the timelines of the OAS, and has gone the extra mile for our customers,” said Peter Miller, Director of Maritime Security Programs for Cubic Applications, Inc. “We are pleased to be given another opportunity to work with port authority, customs, coast guard and navy officials in OAS Member States to help them ensure public safety and security.”

Cubic's Maritime Security Directorate, based in Tampa, Florida, began work on the new contract in March. The directorate offers a wide range of maritime security services worldwide.

Its employees have extensive backgrounds in maritime security, including prior experience as port officials, law enforcement officers and as members of U.S. government agencies and military services focused on maritime security and related functions.

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 http://www.cubic.com/.