SAN DIEGO, Jan. 19, 2018 /PRNewswire/ -- Cubic Corporation
(NYSE:CUB) today announced the nomination of seasoned aerospace and
defense business executive, David F.
Melcher to the company's board of directors. Melcher brings
to Cubic an extensive background in program management, strategy
development and finance, in addition to experience working closely
with key military and government leaders. Melcher will be presented
for election at the company's annual shareholders meeting on
February 19.
"Dave will be a strong asset to our board with his exceptional
leadership and industry expertise. In particular, his experience
and knowledge in C4ISR from leading Exelis Inc. will be beneficial
as we continue to strengthen our Cubic Mission Solutions business
division," said Bradley H. Feldmann,
president and chief executive officer, Cubic Corporation. "Dave's
accomplished corporate and military background will provide Cubic
with guidance and insight to further strengthen our growth
strategies and we look forward to welcoming Dave as a member of our
board."
Melcher is the former president and chief executive officer of
the Aerospace Industries Association (AIA), an education and
advocacy organization that represents over 350 companies in the
aerospace and defense industry. Prior to his role at AIA, Melcher
was the president and chief executive officer of Exelis Inc. and
held leadership roles at ITT Corporation. In addition to his
corporate achievements, Melcher completed a distinguished 32-year
career in the U.S. Army and retired as Lieutenant General.
Melcher is a registered professional engineer in New Hampshire and a former White House Fellow
who served as the Executive Assistant for the Director, Office of
Management and Budget in the White House. He holds a bachelor's
degree in civil engineering from the U.S.
Military Academy at West Point and two masters' degrees from
Harvard University and Shippensburg University. Melcher is a recipient of
the Army's Distinguished Service Medal and received the Association
of the U.S. Army John W. Dixon award
for his contributions to the defense industry.
In addition, Walter C. Zable,
Cubic's current chairman of the board, is leaving the board
effective at the conclusion of the annual shareholders meeting,
following the election of the nominees to the board. Zable departs
after a 54-year career with the company, including 42 years serving
on the board.
"Walt has provided significant guidance to our organization
during his remarkable tenure and we sincerely thank him for his
many years of service, leadership and dedication," added Feldmann.
About Cubic Corporation
Cubic is a market-leading, technology provider of integrated
solutions that increase situational understanding for
transportation, defense C4ISR and training customers worldwide to
decrease urban congestion and improve the militaries' effectiveness
and operational readiness. 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 Mission Solutions provides
networked Command, Control, Communications,
Computers, Intelligence, Surveillance and Reconnaissance
(C4ISR) capabilities for defense, intelligence, security and
commercial missions. 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.
For more information about Cubic, please visit the company's
website at www.cubic.com or on Twitter
@CubicCorp.
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SOURCE Cubic Corporation