SOURCE: Sierra Nevada Corporation

Sierra Nevada Corporation

June 22, 2009 06:00 ET

SNC Awarded $248 Million Competitive Contract for Counter-IED Jammers

SPARKS, NV--(Marketwire - June 22, 2009) - Sierra Nevada Corporation (SNC) CEO Fatih Ozmen has announced that SNC is being awarded a $36,479,655 contract for production of Joint Counter Radio-Controlled Improvised Explosive Device Electronic Warfare (JCREW) 3.1 dismounted systems to meet urgent requirements of the Department of Defense in support of Operation Iraqi Freedom and Operation Enduring Freedom.

The dismounted JCREW systems are critical to protecting U.S. personnel from the threat posed by improvised explosive devices. Dismounted JCREW systems are electronic jammers designed to prevent the initiation of radio-controlled improvised explosive devices (RCIED).

This contract is for the urgent procurement and support of JCREW systems, to be used by forces in each of the military services of the Central Command area of responsibility. This contract includes options which, if exercised, would bring the cumulative value of this contract to $248,312,153.

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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 employ more than 1600 people in 31 different locations in 20 states -- all of whom are dedicated to providing leading-edge solutions to SNC's dynamic customer base.

Over its 45 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. Headed by President and CFO Eren Ozmen, 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.

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