PRESS RELEASE

Sierra Nevada Corporation Awarded Second Phase Contract to Aide Pilots in Degraded Visual Environments

Sparks, Nev., July 17, 2014 – The United States Special Operations Command Technology Applications Contracting Office awarded Sierra Nevada Corporation (SNC) a task order for the next phase under an Indefinite Delivery Indefinite Quantity (IDIQ) contract for SNC’s Degraded Visual Environment Pilotage System (DVEPS).

SNC was awarded the contract and a task order for the initial phase following a successful ground test of its DVEPS at the Yuma Proving Grounds in Arizona in late April 2014, competing against two other companies. The order is the second phase of a competitive, three phase IDIQ contract including Integrated System Development/Demonstration, Low Rate Production and Qualification Testing. The second phase will begin with the initial Integrated System Demonstration in July 2014.

“SNC is pleased to have been selected for the second phase of this important program that will help increase our military aircrews’ safety and operational capability to fulfill their missions throughout the world,” said Greg Cox, corporate vice president for SNC’s Communication, Navigation and Surveillance/Air Traffic Management business area. “We look forward to showcasing the integration and airborne demonstration of our proven DVEPS solution in this next phase.”

About Sierra Nevada Corporation
Sierra Nevada Corporation (SNC), headquartered in Sparks, Nevada, is one of America's fastest growing private companies based on its significant expansion and reputation for rapid, innovative, and agile technology solutions in electronics, aerospace, avionics, space, propulsion, micro-satellite, aircraft, communications systems and solar energy. Under the leadership of CEO Fatih Ozmen and President Eren Ozmen, SNC has a workforce of over 3,000 personnel in 31 locations in 17 states. SNC's six unique business areas are dedicated to providing leading-edge solutions to SNC's dynamic customer base.

SNC is also the Top Woman-Owned Federal Contractor in the United States. Over the last 30 years under the Ozmen's leadership, SNC has remained focused on providing its customers the very best in diversified technologies to meet their needs and has a strong and proven track record of success. The company continues to focus its growth also on the commercial sector through internal advancements in dual-use applications and outside acquisitions, including the emerging markets of renewable energy, telemedicine, nanotechnology, cyber and net-centric operations. For more information on SNC visit www.sncorp.com and follow us at Facebook.com/SierraNevCorp.