Cubic Recognized as a Top Simulation & Training Company in Defense Industry

SAN DIEGO, Sept. 5, 2017 /PRNewswire/ -- Cubic Global Defense, a business division of Cubic Corporation (NYSE: CUB), today announced it received a Red 'Best Programs' Ribbon in training and simulation from the 2017 Industry Simulation & Training Awards. Currently in its 16^th year, the Industry Simulation & Training Awards is hosted by Military Simulation & Training (MS&T) magazine and recognizes companies that have made a significant impact in the military training community.

The Red 'Best Programs' Ribbon denotes a company spearheading a program that currently revolutionizes training. Cubic received the ribbon for its Immersive Virtual Shipboard Environment (IVSE), developed for the U.S. Navy's Littoral Combat Ship (LCS) program. The IVSE leverages 'learning science,' gaming technology and game design to produce a virtual product for optimized learning. Cubic's IVSE transforms training by immersing trainees in 3-D virtual environments, teaching tasks in settings virtually identical to real life.

"Cubic is honored to be recognized as a top simulation and training company in the defense industry and given the Red 'Best Programs' Ribbon by MS&T this year," said Dave Buss, president of Cubic Global Defense. "We have a very talented team dedicated to the advancement of game-based training and this recognition is a true testament to our passion for delivering innovative training and learning solutions that enhance the mission readiness of our military customers."

As a leading provider of live, virtual, constructive and game-based training solutions for the U.S. military and allied nations, Cubic has been recognized for three consecutive years as a top simulation and training company. The winning companies of 2017 are global players that have influenced the military training and the simulation industry across an array of technologies.

This year's awardees were selected by a panel of judges consisting of MS&T's experienced editorial board and were chosen based on information provided from an industry survey. Companies that have made noteworthy contributions are recognized in the 2017 Industry Awards list which will be published in MS&T's September/October issue, in addition to its online directory on www.awards.mstmagazine.com.

About Cubic Corporation

Cubic Corporation designs, integrates and operates systems, products and services focused in the transportation, defense training and secure communications markets. As the parent company of two major business units, Cubic's mission is to increase situational awareness and understanding for customers worldwide. Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for public transit authorities and operators. Cubic Global Defense is a leading provider of realistic combat training systems, secure communications and networking and highly specialized support services for military and security forces of the U.S. and allied nations. For more information about Cubic, please visit the company's website at www.cubic.com or on Twitter @CubicCorp.

SOURCE Cubic Corporation

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