PRESS RELEASE

Sierra Nevada Corporation Awarded Satellite Contract by the United States Department of Defense

SPARKS, Nev., October 14, 2014 – Sierra Nevada Corporation (SNC) is pleased to announceSNC's Space Systems based in Louisville, Colorado, has been competitively selected to develop and build a next-generation science and technology demonstration satellite. Known as STPSat-5, the satellite is for the Department of Defense’s (DOD) Space Test Program (STP).

The satellite will carry a total of four scientific payloads to low-Earth orbit in order to further the DOD’s understanding of the space environment. This mission enables and supports the development of future national security space systems for the United States. STP will coordinate delivery of the payloads to SNC's Space Systems manufacturing facility in Colorado where SNC will integrate the payloads into the spacecraft and prepare it for launch. The STPSat-5 satellite is planned for launch in late 2016.

"SNC is privileged to be part of the STP team that plays such a pivotal role in advancing our understanding of critical space environment and technology issues,” said John Roth, vice president of business development for SNC’s Space Systems. “The Space Test Program has a rich history of providing support to continue our Nation's leadership in delivering enhanced space capability to protect our military men and women, which is in perfect alignment with our goals at Sierra Nevada Corporation."

The STP, managed by the U.S. Air Force's Space and Missile Systems Center, is headquartered at Kirtland Air Force Base in Albuquerque, New Mexico. It has played a foundational role in the development of new space systems since 1965. STP conducts space test missions for the purpose of accelerating DOD space technology transformation and lowering development risk. To date, the program has launched nearly 150 experiments and demonstrations into space. The STPSat-5 contract is administered by NASA's Ames Research Center in Silicon Valley, California.

SNC’s STPSat-5 award follows the successful July 14, 2014 launch of six advanced asset tracking satellites for the ORBCOMM Generation 2 (OG2) constellation. The satellites have completed initial on-orbit and operational testing. The remaining 11 OG2 spacecraft in the constellation are undergoing final testing in preparation for launch, which will provide a significant capability boost to ORBCOMM’s current on-orbit fleet.

About Sierra Nevada Corporation’s Space Systems
Sierra Nevada Corporation’s Space Systems business area based in Louisville, Colorado, designs and manufactures advanced spacecraft, space vehicles, rocket motors and spacecraft subsystems and components for the U.S. Government, commercial customers, as well as for the international market. SNC’s Space Systems has more than 25 years of space heritage and has participated in over 400 successful space missions through the delivery of over 4,000 systems, subsystems and components. During its history, SNC’s Space Systems has concluded over 70 programs for NASA and over 50 other clients. For more information about SNC’s Space Systems visit www.sncspace.com and follow us at Facebook.com/SNCSpaceSystems..

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.