Cubic Transportation Systems Announces New Chief Operating Officer

Lapczynski, a Cubic executive for more than 20 years, most recently served as senior vice president of manufacturing and held prior responsibilities in operations and engineering management and quality control and service management.

“Dave brings a focused vision and solutions-oriented approach that will steer the company’s core operations and execute our customer focus while enabling us to grow the company and get a good return for our shareholders,” said Richard Johnson, president and chief executive officer of Cubic Transportation Systems, Inc. “His leadership and operational expertise are an integral part of the organization.”

A native of Detroit, Mich., Lapczynski previously held technical positions for other engineering companies, including Precision International in Tullahoma, Tenn., which Cubic acquired in 1983 and since converted to its primary manufacturing facilities.

Cubic Transportation Systems, Inc. is the world’s leading turnkey solution provider of automated fare collection systems for public transport including bus, bus rapid transit, light rail, commuter rail, heavy rail, ferry and parking. Cubic’s solutions and services include system design, central computer systems, equipment design and manufacturing, device-level software, integration, test, installation, warranty, maintenance, computer hosting services, call centre services, card management and distribution services, financial clearing and settlement, multi-application support and outsourcing services.

Every year, nearly 10 billion rides are taken worldwide using Cubic fare collection systems. Cubic has delivered over 400 projects in 40 major markets on five continents. Active projects include London, New York / New Jersey region, Washington, D.C. / Baltimore / Virginia region, Los Angeles region, San Diego region, San Francisco, Minneapolis/St. Paul, Chicago, Houston, Atlanta, South Florida, Vancouver and Edmonton, Canada, Brisbane, Australia, Singapore, Bangkok, Thailand, and Scandinavia.

The corporation’s other major segment, Cubic Defense Applications, provides realistic combat training systems for military forces as well as simulation, force modernization, educational services, operations & maintenance and manufacturing services. The group also supplies products and systems for C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance & Reconnaissance) applications, search and rescue avionics and radio communications for military and civil markets. For more information about Cubic, see the company's web site at www.cubic.com