Cubic Defense segment forms new Mission Support Business Unit.

Cubic Defense Applications, the defense segment of Cubic Corp. (AMEX:CUB), announced the consolidation of the majority of its government services business into a single organization, the Mission Support Business Unit. The consolidation is the latest in a series of alignments to sharpen the focus on core businesses and position the company for additional growth.

The scope of the Mission Support Business Unit (MSBU) encompasses work on 81 contracts at 56 locations in 11 nations. The business unit delivers comprehensive support for training and readiness of U.S. and allied armed forces; live and constructive simulation support, including mission rehearsal exercises; and critical support for many of the deep transformation initiatives of the U.S. military, including assisting in the development and implementation of the Joint National Training Capability. The new unit also provides training, education and operational support to non-Department of Defense and non-government customers.

"With this move, Cubic Defense Applications has distinct organizational focus in all of its core businesses," said Gerald Dinkel, president and CEO of Cubic Defense Applications. "CDA is highly successful in the services market. We are meeting customer expectations across the board, pursuing important new business and delivering strong financial performance."

Dinkel noted that Cubic has won several important competitions this year, retaining all of its existing services contracts and adding important new work. Recently awarded contracts include the Korea Battle Simulation Center, Marine Air Ground Task Force Training Systems Support, operation and maintenance of the Ripsaw Electronic Warfare and Aircraft Live Fire Range, the Tactical Commander's Development Course, the Defense Threat Reduction Agency Weapons of Mass Destruction Defeat contract and the recently announced Naval Air Systems Command (NAVAIR) Helicopter Simulator Support Program operation and maintenance services contract.

Cubic also continues to support the Joint Readiness Training Center at Fort Polk, La.; the National Training Center at Fort Irwin, Calif.; the Joint Warfighting Center at Suffolk and Fort Monroe, Va.; the Combined Arms Center, National Simulation Center, and Intermediate Level Education programs at Fort Leavenworth, Kan.; the I Corps Battle Simulations Center at Fort Lewis, Wash.; the SPAWAR Systems Center in San Diego; and multiple training range and flight simulator customers.

Heading the new Mission Support Business Unit (MSBU) will be Jim Balentine, Senior Vice President and General Manager. Glenn Marsh has been named Vice President and Deputy General Manager. Major MSBU organizational units include: Worldwide Technical Services Division, Training and Education Division, Operations Support Division, Information Operations, Threat Technologies and Systems Integration & Security.

The Cubic Defense Applications group, one of Cubic's two major segments, provides realistic combat training systems for military forces as well as simulation, force modernization, educational services, operations and maintenance and manufacturing services. The group also supplies products and systems for C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance) applications, search and rescue avionics and radio communications for military and civil markets. The corporation's other major segment, Cubic Transportation Systems, designs and manufactures automatic fare collection systems for public mass transit authorities.