Cubic Receives $15 Million Contract to Supply Data Link Equipment and
Services for Joint STARS Program

SAN DIEGO, Calif.—March 9, 2005--Cubic Defense Applications (CDA), the defense segment of Cubic Corporation (AMEX:CUB), announced it has received a five-year, Indefinite Delivery/Indefinite Quantity (ID/IQ) contract with a maximum value of $15 million from the U.S. Army’s Communications and Electronics Command (CECOM). Under the contract, Cubic will supply hardware and services for the Ground Data Terminals (GDT) that are used in the Joint Surveillance Target Attack Radar System (Joint STARS) program.

Cubic has already received a first order for $2.9 million, for hardware, field support services, and the establishment of an equipment maintenance depot. The equipment and services will be supplied to CECOM’s Logistics Readiness Center at Fort Monmouth, New Jersey.

A cooperative U.S. Air Force and Army program, Joint STARS was initially put into service during Operation Desert Storm in 1991. This sophisticated battle management system allows air and ground commanders to look behind enemy lines and obtain intelligence and targeting information. The radar system can detect, classify and track movements of hostile ground forces, including tracked and wheeled vehicles. Cubic’s Surveillance and Control Data Link is a key component of the system and provides a secure all-weather radio link between JSTARS and multiple ground exploitation stations.

Cubic has continued its success in the Data Links market, by developing products that meet the needs of today’s military intelligence, surveillance and reconnaissance (ISR) community. Its newest entry, the small, lightweight, DSP-driven Tactical Common Data Link, is suitable for both manned and unmanned reconnaissance platforms. Cubic is employing this advanced CDL technology in the development of the U.S. Navy’s next generation Communications Data Link System, which will transfer intelligence data from ISR aircraft to analysts in Navy ships and other surface locations.

The Cubic Defense Applications group, one of Cubic Corporation’s two major segments, is a world leader in realistic combat training systems, mission support services and defense electronics. 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.