Cubic Corp, a Delaware corporation was incorporated in 1949. The Company is involved in the design, development, manufacture, integration, installation, operation, maintenance and support of high technology products and systems. It is also a provider of training, operations, intelligence, maintenance, technical, and other support services to the U.S. Government and allied nations. The Company operates three reportable segments, including transportation systems, defense systems and support services. Its transportation systems business is the provider of automated revenue collection systems and services worldwide. Its 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. Its defense systems business includes training systems, communications, cyber security and asset tracking. The Company 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. The Company's support services business is a provider of 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. The Company's main competitors include Lockheed Martin, Northrop Grumman, General Dynamics, Boeing, L3 Communications and SAIC, as well as other smaller companies.