Cubic’s military hiring practices for transitioning service members honored for fourth consecutive year

Cubic Corporation (NYSE: CUB) today announced its designation as a Silver-level Military Friendly® Employer awardee in the more than $1 billion revenue category for 2017 by Victory Media. For more than a decade, Military Friendly ratings have set the standard for companies and colleges demonstrating positive employment and education outcomes for veterans and their families. The 2017 list of Military Friendly Employers distinguishes companies who demonstrate strong job opportunities, hiring practices and retention programs for transitioning service members and spouses seeking civilian employment.

New for 2017, the Military Friendly Awards showcase powerful and effective programs of more than 200 companies that were designated as “military friendly.” Of those designated, 154 employers were recognized for excellence in different revenue categories consisting of less than $500 million in revenue, $500 million to $1 billion in revenue, more than $1 billion in revenue as well as government and nonprofit entities.

“We are very proud to be recognized as one of the top military friendly employers by Victory Media for the fourth consecutive year,” said Darryl Albertson, chief human resources & diversity officer of Cubic Corporation. “Over 40 percent of our employees have military service backgrounds and their industry skill sets are invaluable to our organization. We remain committed to aligning our recruiting and hiring efforts to best meet the needs of our veterans seeking careers after service.”

“All of our Military Friendly award recipients set the standard for excellence,” said Daniel Nichols, chief product officer of Victory Media and head of Military Friendly development. “They offer exceptional examples of what it means not just to build a program that meets federal requirements, but one that serves the military and veteran community from classrooms to careers.”

Companies must have successfully completed a 2017 Military Friendly survey and been designated as a 2017 Military Friendly Employer to be considered for the Awards program. Scoring for the awards comprised three sources of data, publicly available company data, personal opinion data from military employees and proprietary survey data. The full list of Military Friendly Employers can be found on MilitaryFriendly.com.

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.

About Military Friendly® and Victory Media

The Military Friendly® Employers and Military Friendly® Schools designation process includes extensive research and a data-driven survey of leading companies and colleges nationwide. The survey, methodology, criteria and weightings are developed with the assistance of an independent advisory council of educators and employers, and tested by EY based upon the weightings and methodology established by Victory Media. The survey is administered for free. Criteria for consideration and recipients of the designation can be found at: https://militaryfriendly.com. Founded in 2001, Victory Media is a service-disabled, veteran-owned small business (SDVOSB) that connects the military community to civilian employment, entrepreneurial and education opportunities through its G.I. Jobs®, Military Spouse, Vetrepreneur®, STEM Jobs℠ and Military Friendly® brands. Learn more about Victory Media at www.victorymedia.com.

Cubic CorporationLaura ChonCorporate Communications+1 858-505-2181laura.chon@cubic.com

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