Cubic joins Warrior Training Alliance
in bid for major U.S. Army training procurement

SAN DIEGO, Calif. – February 16, 2006 – The defense segment of Cubic Corporation (AMEX: CUB) announced today it has joined the Warrior Training Alliance (WTA) to pursue the U.S. Army’s Warfighter Field Operations Customer Support (FOCUS) program. Warfighter FOCUS is a new procurement created to supply life-cycle contractor support services for U.S. Army training and training devices worldwide.

As a member of the WTA, an alliance of companies dedicated to providing integrated training support to the U.S. Army warfighter, Cubic brings its vast experience in constructive computer-based simulation training. The Cubic Defense Applications Group has supported some 15,000 simulation-based training exercises, and currently provides constructive simulation training at U.S. Army installations worldwide. Key Army contracts include the National Simulation Center at Fort Leavenworth, Kansas, and the Joint Readiness Training Center (JRTC) at Fort Polk, Louisiana. As the mission support contractor at the JRTC, Cubic plans, coordinates and executes 10 or more brigade-level training rotations each year that are designed to replicate the environment that U.S. forces encounter during an operational deployment. Cubic integrates both live and constructive simulations to support this training. The company also provides battle command training and education services for military customers around the globe.

“Cubic is excited about this opportunity to be a member company of the Warrior Training Alliance and to provide the Army with innovative, cost-effective training support solutions for Warfighter FOCUS,” said Rich Bristow, vice president and general manager for Cubic’s Operations Support Division, based in Hampton, Virginia, the division lead for Cubic in the WTA effort. “Cubic’s extensive training experience provides subject matter expertise to help the WTA address a wide range of Army training support requirements.”

About the WTA
The Warrior Training Alliance is a coalition of industry leaders in training support with proven, current and relevant experience across all training environments. With a combined legacy of successfully executing large-scale and complex programs, the WTA is organized to apply the right resources to successfully accomplish each task and to deliver the best value, lowest risk solutions. Additional information is available at www.warriortrainingalliance.com.

About Cubic Defense Applications
The Cubic Defense Applications Group, one of Cubic'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 website at www.cubic.com.