PRESS RELEASE

Sierra Nevada Corporation announces debut of aircraft completions subsidiary, Sierra Completions

SPARKS, Nev., October 22, 2014 – Sierra Nevada Corporation (SNC) is proud to announce the debut of Sierra Completions, its newest subsidiary. Sierra Completions is a high-end aircraft completions company that focuses on state-of-the-art design and completion of dual- and single-aisle widebody aircraft built with composite airframe. At NBAA2014 - Business Aviation Convention & Exhibition in Orlando, Florida, Sierra Completions met with Tier 1 companies in the aviation industry to advance negotiations with its strategic partners and key customers. The company is expected to receive its first commercial aircraft for design and completion in 2015.

Regarding its newest subsidiary, SNC President Eren Ozmen said, “SNC has a great history and depth of experience in aircraft design, modification, integration and modernization. The emergence of the next generation composite aircraft will provide an excellent opportunity for Sierra Completions to demonstrate its extensive capabilities and will complement SNC’s existing aviation offerings. Our vision for Sierra Completions is to position it as the premier provider for general aviation completions of composite aircraft.”

SNC, through its mergers, acquisitions and subsidiaries, continues to promote new capabilities as it expands its tradition of excellence into new growth areas. The vision of creating a world-class aviation design and completion complex is a natural progression of SNC’s five decades of work in aircraft systems design, modification, integration, modernization, testing and certification for manned and unmanned government and commercial aircraft, and certified aircraft maintenance.

“While the aircraft completions market is a highly-specialized segment with a demanding clientele, we have the backing of SNC, which has been in the aerospace and defense business for over 50 years and has modified and integrated over 200 aircrafts of various sizes. Sierra Completions brings a unique set of capabilities with the design and completions component for composite airframes,” said Jon Burgoyne, president of Sierra Completions. “There is a global customer demand for a financially- and technically-strong, proven performance partner in this market segment and we are committed to being the premier global partner.”

Sierra Completions’ state-of-the-art completion center includes a design and engineering facility and hangers to accommodate the largest aircraft in operation. The center will be housed within a world premier aerospace park. Further announcements on the complex will be made in the coming months.

About Sierra Nevada Corporation
Sierra Nevada Corporation (SNC), headquartered in Sparks, Nevada, is among the “World’s Top 10 Most Innovative Companies in Space.” Over the last 30 years, under the leadership of President Eren Ozmen and CEO Fatih Ozmen, SNC has become one of America’s fastest-growing private companies and the Top Woman-Owned Federal Contractor in the United States. With a workforce of over 3,000 personnel in 17 states, SNC has a reputation for rapid, innovative, and agile technology solutions in electronics, aerospace, avionics, space, propulsion, micro-satellite, aircraft, communications systems and solar energy.

SNC has six unique business areas that are dedicated to providing leading-edge solutions to its dynamic customer base. SNC has a proven track record of success spanning more than five decades. It is focused on providing its customers with the very best in diversified technologies and continues to focus its growth 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/Sierra Nevada Corporation. Sierra Nevada Corporation and SNC are trademarks of Sierra Nevada Corporation.