Cubic to Receive Share of Joint Forces Support Business Under New General Dynamics Advanced Information Systems Contract.

SAN DIEGO -- Cubic Defense Applications (AMEX:CUB) is part of the 22-company team, led by General Dynamics Advanced Information Systems, that recently received a large services contract to support the U.S. Joint Forces Command's Joint Experimentation Program (JEXP) and Joint Futures Lab.

The General Dynamics team's five-year Indefinite Delivery/Indefinite Quantity contract contains four option years, which if exercised would bring the total estimated cumulative value of the contract to $478.6 million, shared among 22 companies on the team. The total value to Cubic cannot be determined at this time due to the ID/IQ nature of the contract.

Cubic will work with the General Dynamics team in a number of staff positions supporting JEXP at the U.S. Joint Forces Command (JFCOM) in Suffolk, Va. JFCOM is the designated Department of Defense organization for transforming U.S. warfighting forces into a Joint Fighting Force. The contract was awarded by the Fleet Industrial Supply Center, Norfolk Detachment, Philadelphia.

Under the contract, Cubic will assist General Dynamics in supporting both JEXP Concept Development and experimentation events. Tasks for the GD/Cubic team may include helping to improve military capabilities by exploring, testing, evaluating and establishing new changes based on proposals for changing military doctrine, organization, training, materiel, leadership, personnel and facilities.

"Warfighting experiments conducted by JEXP and the Joint Futures Lab are an important part of transformation, a process that helps our country identify new skills and technologies needed in this new era of asymmetric warfare," said Rich Bristow, vice president and general manager of Cubic's Operations Support Division based in Hampton, Va.

Cubic has had a presence in the Tidewater area of Virginia since 1994, when it helped establish the Joint Warfighting Center (JWFC) at Fort Monroe, Va., and currently has more than 160 employees supporting JWFC. In addition to working on the Joint National Training Capability initiative, the employees assist combatant commands by helping to coordinate support and seminars, wargames and live, virtual and constructive training exercises -- as well as providing mission rehearsal support for real-world events.

"Cubic is proud to have an additional opportunity to support JFCOM in this effort to maintain and extend strategic superiority," Bristow said.

Cubic's Operations Support Division is part of the Mission Support Business Unit of Cubic Defense Applications (CDA). CDA provides realistic combat training systems for military forces, as well as mission support services for training and exercises, modeling and simulation, force modernization, educational services, curriculum design and development, web-based learning solutions, 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. For more information about Cubic, see the company's Web site at www.cubic.com.