PRESS RELEASE

Sierra Nevada Corporation Celebrates 10 Years as a Leader in Space Technologies Manufacturing

Sparks, Nev., February 06, 2014 – Sierra Nevada Corporation’s (SNC) Space Systems is proudly marking 10 years of growing space manufacturing operations in Durham, N.C.

SNC’s Space Systems Durham facility is an industry leader in producing mission critical components for all sectors of the space industry. The Durham facility, one of 30 SNC U.S. locations, designs, builds and tests high technology electromechanical precision devices.  These products include hardware such as gimbals, actuators, and motors for satellites, robotic rovers and interplanetary missions. To date the SNC Durham facility has executed over 100 projects that directly supported more than 30 missions, including the Mars Rovers, SNC’s own Dream Chaser® spacecraft, Phoenix Mars Lander, Lunar Reconnaissance Orbiter and other missions for NASA, National Oceanic and Atmospheric Administration (NOAA), DoD and the commercial market.

“The rate of growth of our Durham operations over the past decade has been an unbelievable achievement,” said Mark Sirangelo, corporate vice president and head of SNC’s Space Systems. “SNC Durham has been able to accomplish this due to its strong leadership, technology workforce, connection to the local universities, and our overall commitment to total customer satisfaction.  SNC believes that maintaining strong localized facilities, like our Durham center, is the best way to attract and retain the most talented staff and provide the best products to our clients. I have had the pleasure of watching this facility grow significantly during the past decade and I look forward to continued success for this team as we continue to expand our presence in Durham and grow our national footprint.”

SNC’s Durham office was established in 2004 to design and manufacture motors and actuators for the space industry.  SNC’s employee base in Durham has over 20 years average experience and its employees are known leaders in mechanical or electrical engineering disciplines.  SNC Durham office has experienced over 40 percent growth in the past three years and current orders support a continuation of this growth rate for the foreseeable future.

“Ten years is an incredible milestone for our team,” said Charlie Hodges, director of programs for SNC’s Space Systems in Durham. “In 2013, we achieved 100 percent on-time delivery for every item that was due.  I don’t know of any organization within the space industry that has attained the goal of 100 percent on-time delivery for a full year. Thanks to exceptional team effort and paying careful attention to efficiency, we are able to provide our customers with an unparalleled experience.”

About Sierra Nevada Corporation’s Space Systems

Sierra Nevada Corporation’s Space Systems business area based in Louisville, Colo., designs and manufactures advanced spacecraft, space vehicles, rocket motors and spacecraft subsystems and components for the US 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.

About Sierra Nevada Corporation

Sierra Nevada Corporation (SNC), headquartered in Sparks, Nev., 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 30 locations in 16 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.