Cubic Announces Settlement of Litigation Related to London Transit Contract

Cubic Corporation (AMEX: CUB) announced today the settlement of litigation with its former subcontractor on the PRESTIGE contract in London. In accordance with the terms of the settlement, the details are confidential.

About Cubic

cubic_corp.jpgCubic Corporation is parent of two major segments: transportation and defense.
Cubic Transportation Systems designs and manufactures automatic fare collection systems for public transit authorities throughout the world, including rail, bus and parking lot systems.
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