Private company

Cubic Corporation

Logo: Cubic Corporation, Copyrighted free use, via Wikimedia Commons4

American public transportation and defense corporation

Cubic Corporation is an American multinational defense and public transportation equipment manufacturer. The company was founded by Walter J. Zable in 1949 and was a publicly traded company from 1951 to 2021. It operates two business segments: Cubic Transportation Systems (CTS) and Cubic Mission and Performance Solutions (CMPS).2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1951Founded1
  • Industrydefence industry, public transport1
  • HeadquartersSan Diego1
  • Websitewww.cubic.com
  • Legal formDelaware corporation1
  • LEI6HHLXIOGCDNZ4IRAIW263
  • StatusActive3
  • LEI statusLapsed (not renewed)3
  • Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States3
  • Registered withDivision of Corporations, Department of State, 20505093

Cubic Corporation is an American multinational defense and public transportation equipment manufacturer. The company was founded by Walter J. Zable in 1949 and was a publicly traded company from 1951 to 2021. It operates two business segments: Cubic Transportation Systems (CTS) and Cubic Mission and Performance Solutions (CMPS).2

Corporate structure

Cubic Corporation sits at the top of its group. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Cubic Corporation San Diego, California, United States
    • CUBIC TRANSPORTATION SYSTEMS (DEUTSCHLAND) GMBH Subsidiary · Frankfurt Am Main, Germany

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0). Each entity in the chart links to its source.

The story

Founded by Walter J. Zable in 1951.1

Cubic Corporation was founded in 1949 by Walter J. Zable as an electronics company in San Diego, California, and began operations in 1951. Zable devised the company name as he wanted the name to reflect both engineering and precision. Its first product was a calorimetric wattmeter, a device used for measuring microwave output. It became a publicly-traded company in 1959.

In 1969, the company acquired United States Elevator Corporation, a maker of freight and passenger elevators.

Cubic employs 6,200 people globally. Stevan Slijepcevic was named president and chief executive officer of Cubic Corporation in January 2022.

In May 2021, Cubic announced the completion of its sale to the private equity firms Veritas Capital and Elliott Management, turning the publicly traded New York Stock Exchange company into a privately held company.

On 4 March 2025, the People's Republic of China announced sanctions on 10 U.S. military-industrial companies, including Cubic, for participating in arms sales to Taiwan.

From Wikipedia’s article on Cubic Corporation, shared under CC BY-SA 4.0.5

Leadership

Who has led Cubic Corporation, and when. Pick a name to see everywhere that person has worked.

Products and brands

Company divisions

Cubic's operating segments include:

Cubic Mission and Performance Solutions provides networked command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) capabilities for defense, intelligence, security and commercial missions, as well as realistic combat training systems, secure communications, operations, maintenance, technical and other support services for the U.S. and allied nations.

Cubic Defence New Zealand Ltd (previously OSCMAR International Limited) is a manufacturer of training and simulations systems for military forces worldwide. It is based in Auckland, New Zealand, and owned by Cubic Corporation.

Cubic Transportation Systems designs, integrates, and provides outsourced business process and information technology services for automated fare collection systems for public transit operations. Additionally, this segment provides the fare payment infrastructure, including gates, ticket machines, and smart card readers, and the back end or central system for processing and reporting revenue and other data. Services include customer support, software support, and operations services. CTS is the world's largest operator of public transport fare collection services. Founded May 5, 1972.

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Products and services

Cubic Transportation Systems provides the following products and services:

Ticket machines

Smartcard readers

Fare-collection gates

Full-service mobility platform

Umo is a multi-modal platform that connects public and private mobility systems to optimize public transportation operations.

Umo keeps riders moving efficiently by offering multi-modal journey planning, contactless payments, real-time travel information, and loyalty rewards through the Umo Mobility App.

Revenue management back office and associated services

Card-based

Account-based: New York's OMNY, Chicago's Ventra system (used by CTA, Pace and Metra), Brisbane's GO card system, and London Oyster Cards are some of Cubic's account-based products.

Mobile: Cubic has deployed mobile applications in multiple locations in the United States and was the first to launch transit cards within the mobile wallet.

Transit customer support

Management services to transit agencies

Real-time passenger information

Operational planning assistance

Traffic management

Customers in the UK include the Highways Agency, Transport for London, and Transport Scotland. Cubic also works for Transport for New South Wales in Australia through the Intelligent Congestion Management Program (ICMP), which focuses on enhanced monitoring and management of the area's road network.

Predictive analytics

Tolling

Cubic created an integrated platform for payment processing, customer service, and financial management for the tolling industry.

Operational IT services

Asset management services

Services include field maintenance, device support, depot repair and part supply, spares and obsolescence, and cash collection.

GRIDSMART

In 2019, CTS acquired GRIDSMART for approximately $87 million in cash.

GRIDSMART specializes in video detection at the intersection using advanced image processing, computer vision modeling and machine learning along with a single camera – providing data for optimizing the flow of people, bicycles, and traffic through intersections.

GRIDSMART has approximately 12,000 operating intersections.

Trafficware

In 2018, CTS acquired Advanced Traffic Solutions Inc. ("Trafficware") for approximately $235.7 million in cash.

From Wikipedia’s article on Cubic Corporation, shared under CC BY-SA 4.0.5

Timeline

  1. 1951Founded Founded1