Joint Statement of Sierra Nevada Corporation and Embraer Defense and Security on Decision of Beechcraft Corporation to Protest

  Joint Statement of Sierra Nevada Corporation and Embraer Defense and
  Security on Decision of Beechcraft Corporation to Protest LAS Contract Award

Business Wire

SPARKS, Nev. -- March 8, 2013

The following is a joint statement by Sierra Nevada Corporation and Embraer
Defense and Security:

The USAF for a second time has selected the A-29 for the LAS mission. In
announcing the award, the Air Force stated, “this award is the result of a
full and open competition” and Lt. Gen. C.R. Davis, military deputy for
acquisition in Air Force headquarters said, "I am confident that the source
selection process was disciplined and meticulous." Even Beechcraft’s CEO, Bill
Boisture commented on the care and professionalism of the USAF’s selection
process. In fact, this was a completely new evaluation process, conducted by a
new team and overseen by a three-star general.

In evaluating the competitors, the U.S. Air Force looked at three criteria, in
priority order: mission capability, past performance and pricing in order to
determine overall best value.

The A-29 received an exceptional rating on technical capability and low-risk
in all other categories. Only the A-29 Super Tucano is operational and
performing light air support missions today. Its capabilities and long track
record are fully known and demonstrated. The past performances of SNC and
Embraer are equally strong and proven. Based on these factors we are confident
the Air Force selected the A-29 as the lowest risk solution for the U.S. and
its partner nations and overall best value.

In accordance with the RFP, the U.S. Air Force selected the A-29 based on
three factors stated above, not just a single factor. The U.S. Air Force
determined that the price they are paying for the superior A-29 aircraft was
part of the “overall best value.” We look forward to a rapid Government
Accounting Office decision on Beechcraft’s protest.

The A-29 aircraft for the LAS program will be built in Jacksonville, Fla. An
important aspect about our approach is the "in-sourcing" of jobs to
Jacksonville. We feel it establishes an exciting future model of bringing high
tech aerospace manufacturing jobs back to the United States to stem the recent
tide of moving jobs offshore.

The SNC award will support more than 1,400 American jobs, reflecting both the
large U.S. supplier base – more than 100 companies will supply parts and
services for the A-29 Super Tucano – and new jobs that will be created by SNC
and Embraer. Embraer will create new high-tech jobs at its production facility
in Jacksonville, adding to the 1,200 people Embraer currently employs in the
United States, and new jobs at SNC will add to its U.S. workforce of 2,500

The A-29 Super Tucano is the right choice for the mission, the warfighter, the
U.S. taxpayer, the American workers and our partner nations. Given the
strength of our proposal and the thoroughness of the U.S. Air Force’s
evaluation process, it is unfortunate that Beechcraft is now protesting the
Light Air Support (LAS) contract award once again.

The need for this aircraft was critical a year ago and more so today. SNC and
Embraer are moving forward and preparing to begin operations in Jacksonville.

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Sierra Nevada Corporation
Michelle Erlach, 775-849-6027
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