Cubic Receives Orders for Latest-Generation Personnel Locator System

(San Diego, CA., May 14, 2009) -- Cubic Defense Applications, Inc., the defense systems business of Cubic Corporation (NYSE: CUB), reported more than $5 million in new orders from the U.S. Army and U.S. Navy for Cubic's AN/ARS-6 V12 Personnel Locator System (PLS), a compact and powerful receiver-transmitter used to locate downed pilots during combat search and rescue operations.

All branches of U.S. armed services use Cubic personnel locator systems, as well as NATO combat search and rescue (CSAR) teams. Downed pilots use their survival radios to communicate with the PLS systems, which are installed aboard CSAR aircraft. This allows CSAR crews to locate and extract personnel quickly and without detection by enemy forces. Cubic's systems have flown in every global military engagement since 1987.


A longtime customer, the U.S. Army Communications and Electronics Command, recently awarded Cubic a new five-year, follow-on requirements contract with a potential ceiling value of $32 million. The first delivery order under the contract is for approximately $4.5 million.

In addition, the Navy, another long-standing customer, has booked approximately $1 million in orders this fiscal year.

Source : Cubic Corporation (NYSE: CUB)