The San Diego-based defense equipment maker said both executives will report to Jay Thomas, vice president of finance and corporate development.
Bishop, a 13-year consulting and investment banking veteran, will help company leaders identify and acquire companies that align with corporate strategies and growth objectives.
He will also provide strategic and analytical support for the company’s mergers and acquisition strategy.
He previously served as senior vice president in the defense, technology and government services sector for BB&T Capital Markets.
Hill was previously company’s communications director at Dow Chemical.
The 25-year veteran has held senior level communications positions in companies such as Reliance Electric and Honeywell Aerospace.
He has also owned his own marketing and communications businesses.
In early February, Cubic appointed James Edwards as vice president, general counsel and corporate secretary.
The company said he will manage acquisitions and other U.S. and international business transactions.