PRESS RELEASE

Sierra Nevada Corporation Awarded $56.5 Million U.S. Army ICREW Contract

SPARKS, Nev., December 13, 2012 – The U.S. Army Contracting Command has awarded a $56.5 million contract to Sierra Nevada Corporation (SNC) for the production of Individual Counter Radio Controlled Improvised Explosive Device Electronics Warfare (ICREW) systems, referred to as “Baldr” systems. The Baldr system is worn by an individual soldier and provides a small zone of protection to the individual soldier in a dismounted mode of operation.

“Quickly adapting existing counter IED man-portable technologies into an ICREW solution to protect our men and women in uniform was a challenge our team readily accepted,” said Paul Plemmons, corporate vice president for Sierra Nevada Corporation’s Electronic Warfare and Range Instrumentation business. “Our light-weight, capable and reliable counter-IED systems provide the dismounted soldier the confidence to fight in any environment.”

The contract calls for SNC to deliver 3,900 Baldr systems. Work will be performed at SNC’s Electronic Warfare and Range Instrumentation business in Folsom, Calif., and its Sparks, Nev., manufacturing facility.

About Sierra Nevada Corporation
Sierra Nevada Corporation (SNC) is one of America’s fastest growing private companies. Under the leadership of CEO Fatih Ozmen and Chairman and President Eren Ozmen, SNC employs over 2,300 people in 32 locations in 17 states. SNC’s six unique business areas are dedicated to providing leading-edge technology solutions to SNC’s customers.