Sparks, Nev., March 25, 2014 – In a press conference held today at the Michoud Assembly Facility (MAF) in Michoud, La., Sierra Nevada Corporation (SNC) and Dream Chaser® strategic partner Lockheed Martin announced the expansion of SNC Dream Chaser spacecraft orbital vehicle manufacturing operations.

As a valued member of SNC’s Dream Chaser Dream Team, Lockheed Martin is under contract to manufacture the next Dream Chaser composite structure which will be for the first orbital vehicle scheduled to launch on November 1, 2016. The MAF, which is owned and operated by NASA’s Marshall Space Flight Center, has been operational since 1961 and has played a significant role on our nation’s space programs ranging from Apollo to the space shuttle. Today, leveraging the experience, technical expertise and current infrastructure at Michoud, next generation vehicles such as SNC’s Dream Chaser and Lockheed Martin’s Orion are being fabricated within the same walls as   legendary programs.

“Michoud and the state of Louisiana, have a vital role in our nation’s space program,” said Mark N. Sirangelo, corporate vice president and head of SNC’s Space Systems. “We look to continue this valuable role through our partnership with Lockheed Martin for the build of our next Dream Chaser composite structure at the Michoud Assembly Facility.  We will be utilizing MAF’s existing facilities, partnerships and the workforce of Louisiana to bring America’s future transportation vehicles for low-Earth orbit  to reality while continuing to expand the Dream Chaser program footprint, which now provides employment in over 30 states.”

SNC chose Lockheed Martin to manufacture the Dream Chaser orbital composite structure based on their rich human spaceflight manufacturing heritage, including building the External Tank for the space shuttle program, and their  work for  the Orion program Fabricating key elements of Dream Chaser structures at MAF leverages Orion manufacturing efforts currently underway, while also taking advantage of existing facilities, relationships and assets, such as the National Center for Advanced Manufacturing (NCAM).

“Lockheed Martin’s history at MAF brings a wealth of experience to the Dream Chaser program,” said Jim Crocker, vice president of Lockheed Martin’s Space Systems Company Civil Space Line of Business. “Not only are we leveraging manufacturing processes and technology, we are also leveraging the Human Rating Certification methodology developed by the Orion program, which was then tailored to Dream Chaser.”

Currently, the Dream Chaser spacecraft orbital vehicle is in the early stage of the fabrication process at MAF. Fabrication of composite structures started in January 2014 with cabin ring frame production at MAF. Complex part fabrication will begin upon receipt of tooling in April 2014. As each composite structure is completed, it will then be shipped to Lockheed Martin’s facility in Fort Worth, Texas, for assembly and final inspection before being released to SNC.

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Note: Press release, imagery, and video available at www.sncspace.com/mediakit

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 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 on Facebook at Sierra Nevada Corporation Space Systems.

Media Contact: SNCDreamChaser@sncorp.com or Krystal Scordo at 720-407-3192.

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 and follow us on Facebook at Sierra Nevada Corporation.

Media Contact: SNCDreamChaser@sncorp.com or Julie Ardito at 775-849-6968.

About Lockheed Martin Corporation: 
Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs approximately 115,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation’s net sales for 2013 were $45.4 billion.

MEDIA CONTACT:
David Falloure
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(C) 713-392-3565