Grant Palmer Joins Cubic as VP Communications Systems

New Executive to Focus on UAV & Optical Communications Markets

• Press Release
• Source: Cubic Corporation
• On 11:09 am EDT, Tuesday September 1, 2009

SAN DIEGO, CA--(Marketwire - 09/01/09) - Cubic Defense Applications, Inc., the defense systems business unit of Cubic Corporation (NYSE:CUB - News), today announced that Grant Palmer has joined Cubic as Vice President of Communications Systems.

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"Grant will manage our defense communications business and focus on strengthening the company's data links, optical communications, and intelligence business base. He will lead efforts to expand Cubic's presence in the UAV and tactical communications markets," said Bradley H. Feldmann, President of Cubic Defense Applications, Inc.

Cubic is a leading supplier of data links, direction finding (DF) systems, power amplifiers, SIGINT receivers, and optical communications products. In his new role, Palmer will work closely with the Department of Defense, prime contractor community, and current customers to expand Cubic's role in communication systems, while expanding the company's access to research and development funding in important technology areas.

Palmer's strong background spans a number of key technology areas including satellite, wireless, backhaul solutions, IT infrastructure, and intelligence, surveillance, and reconnaissance (ISR) systems. Prior to joining Cubic, Palmer was a principal at The Spectrum Group, an Alexandria, Virginia-based consulting firm, where he focused on C4ISR markets, merger and acquisition analysis, and advanced systems engineering. During his career, he served in a number of leadership positions in engineering, advanced development, and general management.

"I am pleased to join the Cubic leadership team," said Palmer. "Cubic's core technology base is very strong. I look forward to expanding the company's market horizons and capitalizing on a number of opportunities in the UAV and optical communications market."

Cubic Defense Applications, Inc. is part of Cubic Corporation's defense segment. Cubic 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.

 
CONTACT:
Jan Stevens
858-505-2174
9333 Balboa Ave.
San Diego, CA 92123
www.cubic.com