PRESS RELEASE

SNC Offers Relief to Employees, Communities During Pandemic

SPARKS, Nev., April 28, 2020 – Sierra Nevada Corporation (SNC), the global aerospace and national security leader owned by Eren and Fatih Ozmen, is extending its reputation for service by deploying resources during the pandemic toward identifying and meeting employee and community needs. These include production of personal protective equipment (PPE) for health care workers, matching employee charitable contributions and maximizing time-off flexibility and other benefits for its workforce of more than 4,000 highly-skilled employees.

“The values of service and paying it forward are in SNC’s DNA,” said SNC President Eren Ozmen. “Our employees are our extended family, and together we will live up to our mission to support and protect explorers and heroes, whether they are Americans in space, overseas or health care workers in our own communities.”

Among SNC’s COVID-19 relief efforts, internally and externally, are the following:

  • SNC is producing and delivering “ear savers” to four local hospitals near company headquarters in Reno/Sparks, to relieve ear pain among health care workers who must wear masks at all times on their long shifts;
  • SNC is producing and delivering plastic frames for face shields for health care workers;
  • “SNC Cares,” the company’s corporate social impact initiative, has partnered with the charitable giving platform Givz to facilitate employee contributions to high-impact COVID-relief efforts Center for Disaster Philanthropy and PenFed Foundation, which provides financial assistance to veterans, active duty, reserve and National Guard members, and matching funds up to $200K by Fatih and Eren Ozmen;
  • SNC is offering maximum time-off flexibility for its employees, including borrowing against future accrued paid time off; utilizing late-year holidays early as “flex holidays” if needed; 100% health care coverage of COVID-19 testing and treatment; expanded 401(k) loans and withdrawals (SNC matches employee 401(k) contributions by 150% up to 8% of an employee’s salary).

About Sierra Nevada Corporation
Owned by Chairwoman and President Eren Ozmen and CEO Fatih Ozmen, SNC is a trusted leader in solving the world’s toughest challenges through best-of-breed, open architecture engineering in Space Systems, Commercial Solutions, and National Security and Defense. SNC is recognized among the three most innovative U.S. companies in space, as a Tier One Superior Supplier for the U.S. Air Force, and as one of America’s fastest growing companies. SNC’s 55-year legacy of state-of-the art civil, military and commercial solutions includes delivering more than 4,000 space systems, subsystems and components to customers worldwide, and participation in more than 450 missions to space, including Mars.

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