Cubic Defence New Zealand and Cubic Defence Australia continue to be top performers in the regional defense industry

Cubic Global Defense (CGD), a business unit of Cubic Corporation (NYSE: CUB), today announced that Australian Defence Magazine recognized Cubic Defence New Zealand (CDNZ) as the number one 2016 Defence Small and Medium-sized Enterprise (SME) for the third consecutive year and ranked 24th among the 2016 Top 40 Australia/New Zealand Defence Contractors. In addition, Cubic Defence Australia increased in their rank to 15 in the Top 20 Defence SME list.

“Cubic has three decades of engagement in Australasia, and the region remains pivotal to our mission of delivering enhanced training systems and services to our allies,” said Dave Buss, president of Cubic Global Defense. “We are honored to receive this recognition for both our teams in New Zealand and Australia, as this demonstrates our successful efforts to strengthening our NextTraining strategy and advancing mission readiness to our partner nations.”

“The data compiled in the annual Top 40/Top 20 SMEs survey is important as it not only demonstrates the value of the defence industry to the Australian economy but also the range of sophisticated capabilities that have been developed locally in the past twenty years,” said Judy Hinz, publisher, Australian Defence Magazine. “We congratulate Cubic Defence New Zealand for topping the Defense SME charts again and for their notable effort in advancing the defense industry in the region.”

The rankings compare peer group performance and are based on proprietary metrics developed by Australian Defence Magazine analysts. Participation in the survey is voluntary. The full list and related stories appear in the December 2016/January 2017 issue of Australian Defence Magazine.

About Cubic Corporation

Cubic Corporation designs, integrates and operates systems, products and services focused in the transportation, defense training and secure communications markets. Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators. Cubic Global Defense is a leading provider of live, virtual, constructive and game-based training solutions, special operations and intelligence for the U.S. and allied forces. Cubic Mission Solutions provides networked Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) capabilities for defense, intelligence, security and commercial missions. For more information about Cubic, please visit the company's website at www.cubic.com or on Twitter @CubicCorp.

Cubic CorporationLaura Chon, +1 858-505-2181Corporate Communicationslaura.chon@cubic.com

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