Gryphon Technologies Wins a $25.5 Million Single Award Contract supporting the Naval Surface Warfare Center, Panama City Division (NSWC PCD), Expeditionary Systems Division

Washington, D.C., June 5, 2017 – Gryphon Technologies, LC was awarded a competitively
bid single award contract to provide technical engineering support services for the
Landing Craft Air Cushion (LCAC) and Naval Assault Craft Units (ACUs). Services include
maintenance, repair, and modification of LCACs assigned to NSWC PCD and to the Naval
Assault Craft Units.

Gryphon will conduct tests, trials, evaluations, special studies, model or prototype
fabrication and testing and shock and vibration testing, supporting product
improvements of components to the legacy LCAC craft as well as the new LCAC 100 craft
being delivered in late 2017 to NSWC PCD. If all options are exercised, the contract will
be complete in 2022.

“LCACs and Amphibious ships are the pillars of Gryphon,” said P.J. Braden, founder and
CEO of Gryphon. “We are pleased and proud that we can work with NSWC PCD in
support of their mission.”

The Naval Surface Warfare Center, Panama City Division (NSWC PCD), Expeditionary
System Division, supports Naval Sea Systems Command (NAVSEA) to provide support
services for Expeditionary Warfare and Strategic Sealift programs.
Gryphon Technologies is a premier professional and engineering services firm
headquartered in Washington DC and specializing in warfare systems and integration,
naval architecture and marine engineering, program management, test and evaluation,
and logistics.