SOURCE: Sierra Nevada Corporation

Sierra Nevada Corporation

October 05, 2009 09:59 ET

Sierra Nevada Corporation Received $106.9M Against Competitive Award of Dismounted Counter-IED Jammer Contract

SPARKS, NV--(Marketwire - October 5, 2009) - Sierra Nevada Corporation's President, Eren Ozmen is pleased to announce that SNC has been awarded two follow-up orders to supply Joint Counter Radio-Controlled Improvised Explosive Device Electronic Warfare (JCREW) 3.1 dismounted systems to meet the requirements of US troops in Iraq and Afghanistan. Dismounted JCREW systems are electronic jammers designed to prevent the initiation of radio-controlled improvised explosive devices (RCIED).

Under the original contract awarded June 2009, Sierra Nevada is to provide up to 2,500 JCREW 3.1 dismounted systems, support equipment and services, and additional long-lead time material, for a total contract value of $248.3 million.

SNC has received two contract modifications to increase funding by $106.9 million against the original competitive award. These modifications are to supply parts and material for the JCREW dismounted systems. One contract modification awarded Sept 24, 2009 and worth $80.6 million, is for the supply of shipping containers and ancillary equipment and cables for 1,300 dismounted JCREW dismounted systems. Another contract modification awarded Aug 10, 2009 and worth $26.3 million, is for long lead materials for 1,300 dismounted JCREW systems.

Work on both contract modifications will be performed in Sparks, Nev. (90 percent) and Rancho Cordova, CA (10 percent) and is expected to be finished by December 2010. The Naval Sea Systems Command at the Washington Navy Yard in D.C. manages the JCREW program for Office of the Secretary of Defense's Joint Improvised Explosive Device Defeat Organization.

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

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