Cubic Corp (NYSE:CUB)

Cubic Corp. is involved in the design, development, manufacture, integration, installation, operation, maintenance and support of high technology products and systems. It is a provider of training, operations, intelligence, maintenance, technical, and other support services to the U.S. government and allied nations. The company operates through three reportable business segments: Transportation Systems, Defense Systems and Mission Support Services. The Transportation Systems segment is the leading provider of automated revenue collection systems and services worldwide. It also provides complete turnkey solutions. The segment equipment includes contactless smart card readers, passenger gates, central computer systems, and ticket vending machines for mass transit networks, including rail systems, buses, and parking applications. Its services include customer support, network and web operations, payment media management, distribution channel management, business and marketing support, financial clearing and settlement, and outsourced asset operations and maintenance. The Defense Systems segment business includes training systems, communications, cyber security and asset tracking. It is a provider of customized military range instrumentation, training and applications systems, and simulators. In addition, it is a supplier of communications products including data links, power amplifiers, and avionics systems. It is focused on two primary lines of business: Training Systems and Communications. The Training Systems business is a pioneer and market leader in the design, innovation, and manufacture of instrumented training systems and products for militaries of allied nations. The Communications business is a supplier of secure data links, high power RF amplifiers, direction finding systems, remote video terminals, and search and rescue avionics for the U.S. military, government agencies and allied nations. The Mission Support Services segment is a provider of highly specialized support services including live, virtual, and constructive training; real-world mission rehearsal exercises; professional military education; intelligence support; information technology, information assurance and related cyber support; development of military doctrine; consequence management, infrastructure protection, and force protection; as well as support to field operations, force deployment and redeployment, and logistics. Cubic was founded by Walter J. Zable in 1949 and is headquartered in San Diego, CA.