Sierra Nevada Corporation Awarded Competitive Contract Valued at More Than $600M From U.S. Customs and Border Protection

SPARKS, NV--(Marketwire - October 1, 2009) - Sierra Nevada Corporation's President Eren Ozmen is pleased to announce that SNC has been awarded a competitive contract valued at more than $600M for the U.S. Customs and Border Protection (CBP) Air and Marine Multirole Enforcement Aircraft. Eren Ozmen stated, "This is a strategic win for us in realizing our diversification objectives into Homeland Security Department as well as others, like international markets." The initial Base contract is for $95M for 5 Beechcraft 350ER aircraft with 4 one-year options up to 30 aircraft over the life of the program. The MEA program will be performed by SNC's IMS Business Area in Hagerstown, Md.

About Sierra Nevada Corporation

Sierra Nevada Corporation (SNC) is known for its rapid, innovative, and agile technology solutions in electronics, aerospace, avionics, space, propulsion, micro-satellite, aircraft and communications systems for both the private and public sectors. Founded in 1963, SNC's seven unique business areas employs approximately 2000 people in 35 different locations in 20 states -- all of whom are dedicated to providing leading-edge solutions to SNC's dynamic customer base.

Over its 46 year history, 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. SNC has grown into one of the Top Woman-Owned Federal Contractors in the United States while maintaining its reputation for innovation and agility. The company continues to focus its growth on the commercial sector through internal advancements and outside acquisitions, including the emerging markets of telemedicine, nanotechnology, energy and net-centric operations. For more information on SNC visit www.sncorp.com.

Contact Information: MEDIA CONTACT: Sierra Nevada Corporation 775-331-0222