Cubic Defense Systems Awarded $28 Million Contract for Taiwan ACMI Upgrade.

SAN DIEGO--(BUSINESS WIRE)--April 26, 1999--

The U.S. Air Force has awarded Cubic Defense Systems, a subsidiary of San Diego-based Cubic Corp. (AMEX:CUB), a $28 million contract to provide an upgrade for the tethered Air Combat Maneuvering Instrumentation (ACMI) system in Taiwan, the company announced today.

The contracts includes 24 pods, six sets of display and debriefing equipment, a control and computation subsystem, communication instrumentation and associated data, spares, software, support, and test equipment. Using Global Positioning System (GPS) data to improve the training accuracy, the Taiwan ACMI will support pilot training in F-5 and F-16 aircraft, as well as other Taiwan aircraft.

Work on the contract, awarded by the Air Armament Center, Eglin Air Force Base, Fla., has begun at Cubic's San Diego facilities and is scheduled to be completed in June 2001. With options and contractor logistics support, the contract could extend through June 2004.

Richard L. (Rick) Dickson, director of air ranges, explained that the upgraded ACMI will be similar to the one Cubic installed at Nellis Air Force Base, Nev., known as the Nellis Air Combat Training System, or NACTS.

NACTS is currently the most advanced air combat training system ever developed. It nearly tripled the size of the current "Red Flag" range and increased the number of players from 36 high-activity aircraft to 100. It also increased the weapons simulations capacity of the range.

Cubic Defense Systems pioneered instrumented air combat training more than 25 years ago when it installed the first system at Marine Corps Air Station, Yuma, Ariz. and Miramar Naval Air Station, San Diego. Since then, the company has built and installed 22 of the 29 air combat training systems currently in service throughout the world.