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Cubic Receives $6.2 Million Joint Tactical Radio System Waveform Development Contract; Company`s Software Will Help the Military Communicate With Public Safety Agencies


SAN DIEGO, Jan 14, 2003 (BUSINESS WIRE) -- Cubic Corp. (AMEX: CUB) has received
a $6.2 million cost-plus-incentive-fee contract from the U.S. Army`s
Communications-Electronics Command (CECOM) in support of the Joint Tactical
Radio System (JTRS) Joint Program Office (JPO) to help develop the JTRS.

If exercised, options would bring the total value to almost $14 million.

Under the 18-month contract, the Communications Business Unit of Cubic Defense
Applications will develop waveform software that will help all branches of the
military and multiple public agencies communicate with one another.

"The military has an interest in communicating with public safety radios for
Homeland Security and Defense reasons. This contract win is significant for
Cubic in that it makes us a participant in what is arguably one of the most
important military communications programs today," said Gerald Dinkel, president
and CEO of Cubic Defense Applications (CDA).

The JTRS is a family of software definable tactical radios that provide
commanders with voice, data and video capability. The state-of-the art radios
are based on a common Software Communication Architecture (SCA) that ensures
interoperability-or compatibility-with current and future systems.

JTRS had its genesis in lessons learned from inter-service communication
problems in Grenada and during Operation Desert Storm. Troops were not able to
communicate with one another because the various radio equipment used by the
different services was not interoperable, or compatible, with each other.

Future JTRS compliant military radios will utilize SCA compliant hardware to run
a variety of software-based waveforms for the particular communications format a
radio is designed to use.

"This is a very strategic win for us in that it builds on our experience in what
is known as `software definable radio.` The software used for these radios can
be likened to the software applications that run on a personal computer. It`s
the change in waveform software that allows these radios to be reconfigurable
and interoperable, two key features the Joint Services consider essential for
tactical radio communications, network-centric capabilities and reduced life
cycle costs," said Rick Lober, senior vice president of CDA`s communications
segment.

Cubic`s software will be in compliance with the Association of Public Safety
Communications Officials (APCO)-25, established for the use of digital
technology in modern generation two-way radio communications.

JTRS goal is to migrate today`s legacy radio communications systems to systems
with standard open systems architecture. This migration will be implemented in
phases, balancing operational requirements, weapon system integration issues and
funding constraints.

Cubic Defense Applications, one of Cubic Corp.`s two major segments, produces
instrumented air and ground combat training systems, battle command training,
studies and analysis, simulations and simulation support for U. S. and allied
military forces. The group also produces high technology avionics, data links
and communications products for government and commercial customers, and a wide
range of technical and logistics services. 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 Web site at www.cubic.com.
 
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Autor (Datum des Eintrages): frank55  (14.01.03 17:14:41)
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